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$408,737$404,910
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,748.67$2,803.52
2nd payment$0.00$0.00
Taxes / mo$217.25$217.25
Insurance / mo$150.00$150.00
MI / mo$190.32$80.98
HOA / mo$100.00$100.00
Total monthly$3,406.23$3,351.75
Cash to close$41,163$44,990