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$450,361$409,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.320%
Blended rate7.440%7.560%
1st payment$3,031.12$2,812.98
2nd payment$0.00$0.00
Taxes / mo$369.50$369.50
Insurance / mo$166.67$166.67
MI / mo$211.16$81.90
HOA / mo$191.00$191.00
Total monthly$3,969.44$3,622.05
Cash to close$4,639$45,500