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$453,550$418,499
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.400%
Blended rate7.240%7.640%
1st payment$3,005.82$2,897.60
2nd payment$0.00$0.00
Taxes / mo$387.50$387.50
Insurance / mo$166.67$166.67
MI / mo$213.72$83.70
HOA / mo$302.00$302.00
Total monthly$4,075.70$3,837.47
Cash to close$11,449$46,500