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$487,794$358,200
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.400%
Blended rate8.310%7.640%
1st payment$3,590.69$2,480.10
2nd payment$0.00$0.00
Taxes / mo$302.25$302.25
Insurance / mo$150.00$150.00
MI / mo$229.50$71.64
HOA / mo$0.00$0.00
Total monthly$4,272.44$3,003.99
Cash to close$0$39,800