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$447,166$297,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$2,847.05$2,040.18
2nd payment$0.00$0.00
Taxes / mo$796.78$796.78
Insurance / mo$150.00$150.00
MI / mo$209.71$59.40
HOA / mo$8.33$8.33
Total monthly$4,011.87$3,054.69
Cash to close$0$33,000