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$490,201$406,800
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$3,231.86$2,816.60
2nd payment$0.00$0.00
Taxes / mo$608.75$608.75
Insurance / mo$166.67$166.67
MI / mo$229.08$81.36
HOA / mo$145.00$145.00
Total monthly$4,381.36$3,818.38
Cash to close$0$45,200