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$481,436$468,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$3,167.83$3,240.34
2nd payment$0.00$0.00
Taxes / mo$414.00$414.00
Insurance / mo$166.67$166.67
MI / mo$224.55$93.60
HOA / mo$82.00$82.00
Total monthly$4,055.04$3,996.60
Cash to close$38,564$52,000