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$395,546$355,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.400%
Blended rate7.020%7.640%
1st payment$2,548.91$2,460.79
2nd payment$0.00$0.00
Taxes / mo$630.50$630.50
Insurance / mo$150.00$150.00
MI / mo$185.41$71.08
HOA / mo$65.00$65.00
Total monthly$3,579.82$3,377.37
Cash to close$0$39,490