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$431,145$396,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.400%
Blended rate6.670%7.640%
1st payment$2,742.92$2,741.82
2nd payment$0.00$0.00
Taxes / mo$185.17$185.17
Insurance / mo$150.00$150.00
MI / mo$207.01$79.20
HOA / mo$175.00$175.00
Total monthly$3,460.10$3,331.19
Cash to close$8,855$44,000