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$470,463$467,999
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.610%7.400%
Blended rate7.460%7.640%
1st payment$3,149.65$3,240.33
2nd payment$0.00$0.00
Taxes / mo$433.33$433.33
Insurance / mo$166.67$166.67
MI / mo$348.96$93.60
HOA / mo$165.00$165.00
Total monthly$4,263.61$4,098.93
Cash to close$49,536$52,000