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$396,929$319,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.510%7.400%
Blended rate6.360%7.640%
1st payment$2,399.92$2,212.15
2nd payment$0.00$0.00
Taxes / mo$554.08$554.08
Insurance / mo$150.00$150.00
MI / mo$299.07$63.90
HOA / mo$88.33$88.33
Total monthly$3,491.40$3,068.47
Cash to close$0$35,500