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$410,557$409,500
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$2,871.64$2,812.98
2nd payment$0.00$0.00
Taxes / mo$214.00$214.00
Insurance / mo$166.67$166.67
MI / mo$193.51$81.90
HOA / mo$40.00$40.00
Total monthly$3,485.82$3,315.55
Cash to close$44,443$45,500