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$407,089$382,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.320%
Blended rate7.220%7.560%
1st payment$2,716.04$2,627.51
2nd payment$0.00$0.00
Taxes / mo$156.50$156.50
Insurance / mo$150.00$150.00
MI / mo$193.51$76.50
HOA / mo$0.00$0.00
Total monthly$3,216.05$3,010.51
Cash to close$17,911$42,500