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$461,651$426,600
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.400%
Blended rate7.750%7.640%
1st payment$3,232.49$2,953.69
2nd payment$0.00$0.00
Taxes / mo$395.00$395.00
Insurance / mo$0.00$0.00
MI / mo$218.27$85.32
HOA / mo$0.00$0.00
Total monthly$3,845.76$3,434.01
Cash to close$12,349$47,400