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$482,852$449,100
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.500%7.320%
Blended rate8.050%7.560%
1st payment$3,467.01$3,085.01
2nd payment$0.00$0.00
Taxes / mo$623.84$623.84
Insurance / mo$166.67$166.67
MI / mo$227.26$89.82
HOA / mo$110.00$110.00
Total monthly$4,594.77$4,075.33
Cash to close$16,148$49,900