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$460,009$427,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$3,041.24$2,936.63
2nd payment$0.00$0.00
Taxes / mo$417.18$417.18
Insurance / mo$166.67$166.67
MI / mo$219.62$85.50
HOA / mo$0.00$0.00
Total monthly$3,844.70$3,605.98
Cash to close$14,991$47,500