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$474,108$472,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$3,212.74$3,271.49
2nd payment$0.00$0.00
Taxes / mo$252.52$252.52
Insurance / mo$166.67$166.67
MI / mo$222.45$94.50
HOA / mo$0.00$0.00
Total monthly$3,854.38$3,785.18
Cash to close$50,892$52,500