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$482,006$404,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.320%
Blended rate6.870%7.560%
1st payment$3,053.06$2,781.45
2nd payment$0.00$0.00
Taxes / mo$818.58$818.58
Insurance / mo$150.00$150.00
MI / mo$225.60$80.98
HOA / mo$99.00$99.00
Total monthly$4,346.24$3,930.02
Cash to close$0$44,990