Dan Frey Home Loans
Call Dan

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$477,742$449,100
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$3,194.04$3,109.48
2nd payment$0.00$0.00
Taxes / mo$331.50$331.50
Insurance / mo$166.67$166.67
MI / mo$225.02$89.82
HOA / mo$490.00$490.00
Total monthly$4,407.23$4,187.46
Cash to close$21,258$49,900