Dan Frey Home Loans
Call Dan

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$483,983$467,100
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.320%
Blended rate7.540%7.560%
1st payment$3,295.59$3,208.65
2nd payment$0.00$0.00
Taxes / mo$432.50$432.50
Insurance / mo$166.67$166.67
MI / mo$227.27$93.42
HOA / mo$140.00$140.00
Total monthly$4,262.03$4,041.24
Cash to close$35,017$51,900