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$457,670$417,600
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$3,113.37$2,891.38
2nd payment$0.00$0.00
Taxes / mo$815.33$815.33
Insurance / mo$166.67$166.67
MI / mo$214.70$83.52
HOA / mo$4.58$4.58
Total monthly$4,314.65$3,961.48
Cash to close$6,330$46,400