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$394,454$386,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.400%
Blended rate7.770%7.640%
1st payment$2,745.82$2,678.89
2nd payment$0.00$0.00
Taxes / mo$165.33$165.33
Insurance / mo$150.00$150.00
MI / mo$185.03$77.38
HOA / mo$175.00$175.00
Total monthly$3,421.19$3,246.60
Cash to close$35,446$42,990