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$414,067$384,210
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.320%
Blended rate7.570%7.560%
1st payment$2,827.68$2,639.26
2nd payment$0.00$0.00
Taxes / mo$648.17$648.17
Insurance / mo$150.00$150.00
MI / mo$194.41$76.84
HOA / mo$10.75$10.75
Total monthly$3,831.01$3,525.01
Cash to close$12,833$42,690