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$461,725$458,910
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.320%
Blended rate7.120%7.560%
1st payment$3,057.90$3,152.39
2nd payment$0.00$0.00
Taxes / mo$392.75$392.75
Insurance / mo$166.67$166.67
MI / mo$220.13$91.78
HOA / mo$532.00$532.00
Total monthly$4,369.45$4,335.59
Cash to close$48,175$50,990