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$420,298$405,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.330%7.400%
Blended rate6.880%7.640%
1st payment$2,729.30$2,804.14
2nd payment$0.00$0.00
Taxes / mo$273.83$273.83
Insurance / mo$150.00$150.00
MI / mo$201.46$81.00
HOA / mo$50.00$50.00
Total monthly$3,404.59$3,358.97
Cash to close$29,702$45,000