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$443,035$418,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.320%
Blended rate7.120%7.560%
1st payment$2,937.49$2,874.80
2nd payment$0.00$0.00
Taxes / mo$500.63$500.63
Insurance / mo$166.67$166.67
MI / mo$211.46$83.70
HOA / mo$117.00$117.00
Total monthly$3,933.25$3,742.80
Cash to close$21,965$46,500