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$447,601$359,550
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$3,048.30$2,469.86
2nd payment$0.00$0.00
Taxes / mo$687.92$687.92
Insurance / mo$150.00$150.00
MI / mo$211.06$71.91
HOA / mo$480.00$480.00
Total monthly$4,577.28$3,859.69
Cash to close$0$39,950