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$475,860$451,800
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.250%7.400%
Blended rate6.800%7.640%
1st payment$3,022.82$3,128.17
2nd payment$0.00$0.00
Taxes / mo$554.92$554.92
Insurance / mo$166.67$166.67
MI / mo$225.02$90.36
HOA / mo$22.50$22.50
Total monthly$3,991.92$3,962.62
Cash to close$26,140$50,200