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$458,624$350,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$3,317.53$2,424.02
2nd payment$0.00$0.00
Taxes / mo$470.83$470.83
Insurance / mo$150.00$150.00
MI / mo$215.98$70.02
HOA / mo$59.00$59.00
Total monthly$4,213.35$3,173.88
Cash to close$0$38,900