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$428,815$422,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.240%
Blended rate7.220%7.480%
1st payment$2,842.37$2,876.60
2nd payment$0.00$0.00
Taxes / mo$522.08$522.08
Insurance / mo$166.67$166.67
MI / mo$202.51$84.42
HOA / mo$90.00$90.00
Total monthly$3,823.63$3,739.77
Cash to close$40,185$46,900