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$430,563$355,410
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$2,810.78$2,460.79
2nd payment$0.00$0.00
Taxes / mo$165.83$165.83
Insurance / mo$150.00$150.00
MI / mo$200.26$71.08
HOA / mo$80.00$80.00
Total monthly$3,406.88$2,927.70
Cash to close$0$39,490