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$449,518$440,991
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.400%
Blended rate7.320%7.640%
1st payment$2,999.33$3,053.33
2nd payment$0.00$0.00
Taxes / mo$408.33$408.33
Insurance / mo$166.67$166.67
MI / mo$211.51$88.20
HOA / mo$270.00$270.00
Total monthly$4,055.84$3,986.52
Cash to close$40,472$48,999