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$474,169$445,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.400%
Blended rate6.750%7.640%
1st payment$2,976.81$3,084.55
2nd payment$0.00$0.00
Taxes / mo$591.69$591.69
Insurance / mo$166.67$166.67
MI / mo$222.77$89.10
HOA / mo$0.00$0.00
Total monthly$3,957.93$3,932.01
Cash to close$20,831$49,500