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$491,354$443,610
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.320%
Blended rate7.010%7.560%
1st payment$3,169.84$3,047.29
2nd payment$0.00$0.00
Taxes / mo$164.06$164.06
Insurance / mo$166.67$166.67
MI / mo$230.82$88.72
HOA / mo$100.00$100.00
Total monthly$3,831.38$3,566.74
Cash to close$1,546$49,290