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$435,715$404,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.230%7.400%
Blended rate7.780%7.640%
1st payment$3,059.49$2,797.91
2nd payment$0.00$0.00
Taxes / mo$548.58$548.58
Insurance / mo$150.00$150.00
MI / mo$205.97$80.82
HOA / mo$50.00$50.00
Total monthly$4,014.04$3,627.31
Cash to close$13,285$44,900