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$458,918$449,100
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.320%
Blended rate7.670%7.560%
1st payment$3,186.03$3,085.01
2nd payment$0.00$0.00
Taxes / mo$415.83$415.83
Insurance / mo$166.67$166.67
MI / mo$216.86$89.82
HOA / mo$0.00$0.00
Total monthly$3,985.38$3,757.33
Cash to close$40,082$49,900