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$466,797$446,400
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$3,038.04$3,066.46
2nd payment$0.00$0.00
Taxes / mo$548.92$548.92
Insurance / mo$166.67$166.67
MI / mo$222.84$89.28
HOA / mo$120.00$120.00
Total monthly$4,096.47$3,991.32
Cash to close$29,203$49,600