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$449,630$391,320
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.400%
Blended rate6.750%7.640%
1st payment$2,816.54$2,709.42
2nd payment$0.00$0.00
Taxes / mo$454.17$454.17
Insurance / mo$150.00$150.00
MI / mo$210.77$78.26
HOA / mo$68.33$68.33
Total monthly$3,699.81$3,460.18
Cash to close$0$43,480