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$457,153$418,500
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$3,119.73$2,897.61
2nd payment$0.00$0.00
Taxes / mo$307.42$307.42
Insurance / mo$166.67$166.67
MI / mo$216.01$83.70
HOA / mo$249.00$249.00
Total monthly$4,058.82$3,704.39
Cash to close$7,847$46,500