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$410,243$395,820
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.240%
Blended rate7.400%7.480%
1st payment$2,734.34$2,697.51
2nd payment$0.00$0.00
Taxes / mo$711.75$711.75
Insurance / mo$150.00$150.00
MI / mo$191.26$79.16
HOA / mo$70.00$70.00
Total monthly$3,857.35$3,708.42
Cash to close$29,557$43,980