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$398,017$382,500
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$2,567.54$2,648.35
2nd payment$0.00$0.00
Taxes / mo$331.83$331.83
Insurance / mo$150.00$150.00
MI / mo$186.76$76.50
HOA / mo$30.00$30.00
Total monthly$3,266.13$3,236.69
Cash to close$26,983$42,500