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$473,294$450,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.400%
Blended rate7.410%7.640%
1st payment$3,142.95$3,115.71
2nd payment$0.00$0.00
Taxes / mo$268.08$268.08
Insurance / mo$166.67$166.67
MI / mo$219.62$90.00
HOA / mo$0.00$0.00
Total monthly$3,797.31$3,640.46
Cash to close$26,706$50,000