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$444,017$342,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.240%
Blended rate7.430%7.480%
1st payment$2,994.46$2,330.72
2nd payment$0.00$0.00
Taxes / mo$171.64$171.64
Insurance / mo$150.00$150.00
MI / mo$208.81$68.40
HOA / mo$130.00$130.00
Total monthly$3,654.91$2,850.76
Cash to close$0$38,000