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$477,935$476,100
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.400%
Blended rate7.990%7.640%
1st payment$3,412.60$3,296.42
2nd payment$0.00$0.00
Taxes / mo$440.83$440.83
Insurance / mo$166.67$166.67
MI / mo$225.02$95.22
HOA / mo$0.00$0.00
Total monthly$4,245.11$3,999.14
Cash to close$51,065$52,900