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$471,174$416,250
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.400%
Blended rate6.890%7.640%
1st payment$3,051.62$2,882.03
2nd payment$0.00$0.00
Taxes / mo$284.25$284.25
Insurance / mo$166.67$166.67
MI / mo$225.02$83.25
HOA / mo$325.00$325.00
Total monthly$4,052.55$3,741.20
Cash to close$0$46,250