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$460,272$441,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.320%
Blended rate7.540%7.560%
1st payment$3,134.14$3,029.36
2nd payment$0.00$0.00
Taxes / mo$424.25$424.25
Insurance / mo$166.67$166.67
MI / mo$216.13$88.20
HOA / mo$59.00$59.00
Total monthly$4,000.19$3,767.48
Cash to close$29,728$49,000