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$460,608$436,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$2,932.63$3,022.24
2nd payment$0.00$0.00
Taxes / mo$618.14$618.14
Insurance / mo$166.67$166.67
MI / mo$216.02$87.30
HOA / mo$127.00$127.00
Total monthly$4,060.46$4,021.35
Cash to close$24,392$48,500