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$398,428$373,410
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.170%7.400%
Blended rate7.720%7.640%
1st payment$2,757.68$2,585.42
2nd payment$0.00$0.00
Taxes / mo$345.75$345.75
Insurance / mo$150.00$150.00
MI / mo$186.76$74.68
HOA / mo$0.00$0.00
Total monthly$3,440.19$3,155.85
Cash to close$16,472$41,490