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$460,852$436,410
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$2,987.68$3,021.61
2nd payment$0.00$0.00
Taxes / mo$494.08$494.08
Insurance / mo$166.67$166.67
MI / mo$220.07$87.28
HOA / mo$112.00$112.00
Total monthly$3,980.50$3,881.65
Cash to close$24,048$48,490