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$450,876$423,810
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.320%
Blended rate7.490%7.560%
1st payment$3,061.46$2,911.28
2nd payment$0.00$0.00
Taxes / mo$672.42$672.42
Insurance / mo$166.67$166.67
MI / mo$212.19$84.76
HOA / mo$6.25$6.25
Total monthly$4,118.99$3,841.38
Cash to close$20,024$47,090