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$481,118$455,400
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.400%
Blended rate7.750%7.640%
1st payment$3,365.45$3,153.10
2nd payment$0.00$0.00
Taxes / mo$560.33$560.33
Insurance / mo$166.67$166.67
MI / mo$227.24$91.08
HOA / mo$60.00$60.00
Total monthly$4,379.70$4,031.18
Cash to close$24,882$50,600