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$471,244$418,410
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$3,165.50$2,874.19
2nd payment$0.00$0.00
Taxes / mo$331.92$331.92
Insurance / mo$166.67$166.67
MI / mo$220.97$83.68
HOA / mo$105.00$105.00
Total monthly$3,990.05$3,561.45
Cash to close$0$46,490