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$434,410$418,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$2,830.21$2,897.61
2nd payment$0.00$0.00
Taxes / mo$295.50$295.50
Insurance / mo$166.67$166.67
MI / mo$202.06$83.70
HOA / mo$0.00$0.00
Total monthly$3,494.44$3,443.48
Cash to close$30,590$46,500