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$438,200$337,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$2,835.56$2,318.39
2nd payment$0.00$0.00
Taxes / mo$312.50$312.50
Insurance / mo$150.00$150.00
MI / mo$202.86$67.50
HOA / mo$0.00$0.00
Total monthly$3,500.92$2,848.39
Cash to close$0$37,500