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$449,742$413,910
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.400%
Blended rate7.420%7.640%
1st payment$2,997.86$2,865.83
2nd payment$0.00$0.00
Taxes / mo$383.25$383.25
Insurance / mo$166.67$166.67
MI / mo$209.26$82.78
HOA / mo$0.00$0.00
Total monthly$3,757.04$3,498.53
Cash to close$10,158$45,990