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$480,545$436,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.110%7.320%
Blended rate5.960%7.560%
1st payment$2,799.36$2,998.45
2nd payment$0.00$0.00
Taxes / mo$404.17$404.17
Insurance / mo$166.67$166.67
MI / mo$364.79$87.30
HOA / mo$550.00$550.00
Total monthly$4,284.98$4,206.59
Cash to close$4,455$48,500