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$427,147$400,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.910%7.320%
Blended rate7.460%7.560%
1st payment$2,861.19$2,751.16
2nd payment$0.00$0.00
Taxes / mo$370.83$370.83
Insurance / mo$150.00$150.00
MI / mo$198.91$80.10
HOA / mo$0.00$0.00
Total monthly$3,580.94$3,352.09
Cash to close$17,853$44,500