Dan Frey Home Loans
Call Dan

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$440,384$427,410
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$2,878.40$2,959.30
2nd payment$0.00$0.00
Taxes / mo$196.67$196.67
Insurance / mo$166.67$166.67
MI / mo$204.03$85.48
HOA / mo$0.00$0.00
Total monthly$3,445.76$3,408.12
Cash to close$34,516$47,490