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$472,625$441,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$3,116.95$3,053.39
2nd payment$0.00$0.00
Taxes / mo$304.25$304.25
Insurance / mo$166.67$166.67
MI / mo$222.77$88.20
HOA / mo$47.00$47.00
Total monthly$3,857.63$3,659.51
Cash to close$17,375$49,000