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$453,538$425,700
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$3,044.36$2,947.46
2nd payment$0.00$0.00
Taxes / mo$84.50$84.50
Insurance / mo$166.67$166.67
MI / mo$216.02$85.14
HOA / mo$0.00$0.00
Total monthly$3,511.54$3,283.77
Cash to close$19,462$47,300