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$480,061$459,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$3,115.92$3,178.02
2nd payment$0.00$0.00
Taxes / mo$306.67$306.67
Insurance / mo$166.67$166.67
MI / mo$229.52$91.80
HOA / mo$0.00$0.00
Total monthly$3,818.77$3,743.16
Cash to close$29,939$51,000