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$406,139$405,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.020%7.320%
Blended rate6.870%7.560%
1st payment$2,571.83$2,782.07
2nd payment$0.00$0.00
Taxes / mo$408.33$408.33
Insurance / mo$150.00$150.00
MI / mo$303.20$81.00
HOA / mo$50.00$50.00
Total monthly$3,483.36$3,471.40
Cash to close$43,861$45,000