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$447,737$432,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$2,922.89$2,991.08
2nd payment$0.00$0.00
Taxes / mo$91.42$91.42
Insurance / mo$166.67$166.67
MI / mo$208.25$86.40
HOA / mo$0.00$0.00
Total monthly$3,389.23$3,335.56
Cash to close$32,263$48,000