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$444,546$405,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.320%
Blended rate7.490%7.560%
1st payment$3,009.50$2,782.07
2nd payment$0.00$0.00
Taxes / mo$143.58$143.58
Insurance / mo$150.00$150.00
MI / mo$208.59$81.00
HOA / mo$0.00$0.00
Total monthly$3,511.67$3,156.65
Cash to close$5,454$45,000