Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$429,571$409,410
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.320%
Blended rate7.770%7.560%
1st payment$3,004.63$2,812.36
2nd payment$0.00$0.00
Taxes / mo$533.17$533.17
Insurance / mo$166.67$166.67
MI / mo$202.48$81.88
HOA / mo$65.00$65.00
Total monthly$3,971.93$3,659.08
Cash to close$25,329$45,490