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$470,634$422,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.320%
Blended rate7.260%7.560%
1st payment$3,152.11$2,899.53
2nd payment$0.00$0.00
Taxes / mo$421.67$421.67
Insurance / mo$166.67$166.67
MI / mo$223.66$84.42
HOA / mo$47.00$47.00
Total monthly$4,011.10$3,619.29
Cash to close$0$46,900