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$447,505$436,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.080%7.400%
Blended rate7.930%7.640%
1st payment$3,127.70$3,022.24
2nd payment$0.00$0.00
Taxes / mo$508.83$508.83
Insurance / mo$166.67$166.67
MI / mo$330.33$87.30
HOA / mo$50.00$50.00
Total monthly$4,183.53$3,835.04
Cash to close$37,495$48,500