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$460,249$324,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$3,097.72$2,243.31
2nd payment$0.00$0.00
Taxes / mo$300.00$300.00
Insurance / mo$150.00$150.00
MI / mo$216.02$64.80
HOA / mo$0.00$0.00
Total monthly$3,763.73$2,758.11
Cash to close$0$36,000