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$476,964$431,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.450%7.640%
1st payment$3,232.71$2,990.46
2nd payment$0.00$0.00
Taxes / mo$415.00$415.00
Insurance / mo$166.67$166.67
MI / mo$224.97$86.38
HOA / mo$241.67$241.67
Total monthly$4,281.01$3,900.18
Cash to close$2,936$47,990