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$474,818$418,500
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$3,009.38$2,874.80
2nd payment$0.00$0.00
Taxes / mo$371.25$371.25
Insurance / mo$166.67$166.67
MI / mo$218.22$83.70
HOA / mo$0.00$0.00
Total monthly$3,765.51$3,496.42
Cash to close$0$46,500