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$454,482$440,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.400%
Blended rate7.240%7.640%
1st payment$2,987.47$3,052.77
2nd payment$0.00$0.00
Taxes / mo$238.00$238.00
Insurance / mo$166.67$166.67
MI / mo$212.41$88.18
HOA / mo$65.00$65.00
Total monthly$3,669.55$3,610.62
Cash to close$35,418$48,990