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$463,783$445,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.320%
Blended rate7.490%7.560%
1st payment$3,149.10$3,060.28
2nd payment$0.00$0.00
Taxes / mo$250.31$250.31
Insurance / mo$166.67$166.67
MI / mo$218.27$89.10
HOA / mo$0.00$0.00
Total monthly$3,784.34$3,566.35
Cash to close$31,217$49,500