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$418,278$359,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.320%
Blended rate7.990%7.560%
1st payment$2,989.43$2,466.77
2nd payment$0.00$0.00
Taxes / mo$410.17$410.17
Insurance / mo$150.00$150.00
MI / mo$197.11$71.82
HOA / mo$12.92$12.92
Total monthly$3,759.63$3,111.67
Cash to close$0$39,900