Dan Frey Home Loans
Call Dan

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$461,873$440,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.170%7.320%
Blended rate7.720%7.560%
1st payment$3,202.89$3,023.18
2nd payment$0.00$0.00
Taxes / mo$623.50$623.50
Insurance / mo$166.67$166.67
MI / mo$216.91$88.02
HOA / mo$30.33$30.33
Total monthly$4,240.30$3,931.70
Cash to close$27,127$48,900