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$481,307$377,550
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.800%7.640%
1st payment$3,327.13$2,614.08
2nd payment$0.00$0.00
Taxes / mo$472.83$472.83
Insurance / mo$150.00$150.00
MI / mo$356.03$75.51
HOA / mo$75.00$75.00
Total monthly$4,380.99$3,387.42
Cash to close$0$41,950