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$405,418$373,410
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.320%
Blended rate7.120%7.560%
1st payment$2,681.93$2,565.07
2nd payment$0.00$0.00
Taxes / mo$761.83$761.83
Insurance / mo$150.00$150.00
MI / mo$193.07$74.68
HOA / mo$17.42$17.42
Total monthly$3,804.25$3,569.00
Cash to close$9,482$41,490