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$453,867$350,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$2,945.91$2,429.63
2nd payment$0.00$0.00
Taxes / mo$420.58$420.58
Insurance / mo$150.00$150.00
MI / mo$216.99$70.18
HOA / mo$120.33$120.33
Total monthly$3,853.81$3,190.73
Cash to close$0$38,990