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$456,887$423,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$2,956.48$2,928.77
2nd payment$0.00$0.00
Taxes / mo$258.50$258.50
Insurance / mo$166.67$166.67
MI / mo$211.51$84.60
HOA / mo$0.00$0.00
Total monthly$3,593.16$3,438.53
Cash to close$13,113$47,000