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$462,670$440,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$3,102.20$3,052.77
2nd payment$0.00$0.00
Taxes / mo$951.58$951.58
Insurance / mo$166.67$166.67
MI / mo$220.12$88.18
HOA / mo$8.33$8.33
Total monthly$4,448.90$4,267.53
Cash to close$27,230$48,990