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$476,402$386,999
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.320%
Blended rate7.750%7.560%
1st payment$3,332.46$2,658.42
2nd payment$0.00$0.00
Taxes / mo$358.33$358.33
Insurance / mo$150.00$150.00
MI / mo$225.02$77.40
HOA / mo$0.00$0.00
Total monthly$4,065.81$3,244.15
Cash to close$0$43,000