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$472,097$449,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$3,113.74$3,085.01
2nd payment$0.00$0.00
Taxes / mo$733.25$733.25
Insurance / mo$166.67$166.67
MI / mo$222.77$89.82
HOA / mo$424.33$424.33
Total monthly$4,660.75$4,499.07
Cash to close$26,903$49,900