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$470,010$450,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$3,220.55$3,115.71
2nd payment$0.00$0.00
Taxes / mo$323.00$323.00
Insurance / mo$166.67$166.67
MI / mo$222.77$90.00
HOA / mo$18.75$18.75
Total monthly$3,951.73$3,714.13
Cash to close$29,990$50,000