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$458,001$445,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$3,047.00$3,084.55
2nd payment$0.00$0.00
Taxes / mo$140.25$140.25
Insurance / mo$166.67$166.67
MI / mo$215.54$89.10
HOA / mo$115.00$115.00
Total monthly$3,684.46$3,595.57
Cash to close$36,999$49,500