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$447,615$355,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.400%
Blended rate6.890%7.640%
1st payment$2,899.04$2,461.41
2nd payment$0.00$0.00
Taxes / mo$260.92$260.92
Insurance / mo$150.00$150.00
MI / mo$213.76$71.10
HOA / mo$0.00$0.00
Total monthly$3,523.72$2,943.43
Cash to close$0$39,500