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$451,625$438,750
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$3,094.58$3,037.82
2nd payment$0.00$0.00
Taxes / mo$623.83$623.83
Insurance / mo$166.67$166.67
MI / mo$214.05$87.75
HOA / mo$108.00$108.00
Total monthly$4,207.13$4,024.07
Cash to close$35,875$48,750