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$479,629$449,999
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$3,259.58$3,115.70
2nd payment$0.00$0.00
Taxes / mo$416.67$416.67
Insurance / mo$166.67$166.67
MI / mo$224.78$90.00
HOA / mo$480.00$480.00
Total monthly$4,547.70$4,269.04
Cash to close$20,370$50,000