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$425,447$401,850
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.450%7.560%
1st payment$2,877.68$2,760.43
2nd payment$0.00$0.00
Taxes / mo$247.92$247.92
Insurance / mo$150.00$150.00
MI / mo$200.26$80.37
HOA / mo$183.00$183.00
Total monthly$3,658.86$3,421.72
Cash to close$21,053$44,650