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$410,095$357,300
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$2,704.80$2,473.87
2nd payment$0.00$0.00
Taxes / mo$171.33$171.33
Insurance / mo$150.00$150.00
MI / mo$193.51$71.46
HOA / mo$161.00$161.00
Total monthly$3,380.64$3,027.67
Cash to close$0$39,700