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$479,256$476,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$3,228.78$3,302.03
2nd payment$0.00$0.00
Taxes / mo$238.90$238.90
Insurance / mo$166.67$166.67
MI / mo$224.93$95.38
HOA / mo$33.33$33.33
Total monthly$3,892.60$3,836.31
Cash to close$50,644$52,990