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$496,575$449,100
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$3,545.69$3,109.48
2nd payment$0.00$0.00
Taxes / mo$415.83$415.83
Insurance / mo$166.67$166.67
MI / mo$233.79$89.82
HOA / mo$135.00$135.00
Total monthly$4,496.98$3,916.80
Cash to close$2,425$49,900