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$454,534$427,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,916.91$2,959.92
2nd payment$0.00$0.00
Taxes / mo$244.67$244.67
Insurance / mo$166.67$166.67
MI / mo$211.51$85.50
HOA / mo$78.00$78.00
Total monthly$3,617.76$3,534.76
Cash to close$20,466$47,500