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$452,509$427,500
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.790%7.400%
Blended rate8.340%7.640%
1st payment$3,340.09$2,959.92
2nd payment$0.00$0.00
Taxes / mo$461.58$461.58
Insurance / mo$166.67$166.67
MI / mo$212.86$85.50
HOA / mo$155.00$155.00
Total monthly$4,336.21$3,828.67
Cash to close$22,491$47,500