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$401,667$391,401
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.125%7.320%
Blended rate7.675%7.560%
1st payment$2,781.57$2,688.65
2nd payment$0.00$0.00
Taxes / mo$488.42$488.42
Insurance / mo$150.00$150.00
MI / mo$189.23$78.28
HOA / mo$94.33$94.33
Total monthly$3,703.55$3,499.68
Cash to close$33,223$43,489