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$489,316$449,100
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$3,249.12$3,109.48
2nd payment$0.00$0.00
Taxes / mo$415.83$415.83
Insurance / mo$166.67$166.67
MI / mo$227.27$89.82
HOA / mo$131.00$131.00
Total monthly$4,189.89$3,912.80
Cash to close$9,684$49,900