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$437,240$383,310
Remaining term (yrs)29.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,896.70$2,653.96
2nd payment$0.00$0.00
Taxes / mo$0.08$0.08
Insurance / mo$150.00$150.00
MI / mo$200.57$76.66
HOA / mo$230.00$230.00
Total monthly$3,477.35$3,110.71
Cash to close$0$42,590