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$480,021$449,991
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.400%
Blended rate7.470%7.640%
1st payment$3,237.01$3,115.65
2nd payment$0.00$0.00
Taxes / mo$293.92$293.92
Insurance / mo$166.67$166.67
MI / mo$224.81$90.00
HOA / mo$0.00$0.00
Total monthly$3,922.41$3,666.23
Cash to close$19,969$49,999