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$412,838$382,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,794.82$2,648.35
2nd payment$0.00$0.00
Taxes / mo$238.25$238.25
Insurance / mo$150.00$150.00
MI / mo$193.51$76.50
HOA / mo$139.00$139.00
Total monthly$3,515.58$3,252.10
Cash to close$12,162$42,500