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$427,959$255,600
Remaining term (yrs)64.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.670%7.400%
Blended rate5.520%7.640%
1st payment$1,751.46$1,769.72
2nd payment$0.00$0.00
Taxes / mo$140.17$140.17
Insurance / mo$150.00$150.00
MI / mo$306.00$51.12
HOA / mo$223.00$223.00
Total monthly$2,570.62$2,334.01
Cash to close$0$28,400