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$484,824$422,996
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.320%
Blended rate7.010%7.560%
1st payment$3,121.10$2,905.69
2nd payment$0.00$0.00
Taxes / mo$664.42$664.42
Insurance / mo$166.67$166.67
MI / mo$227.27$84.60
HOA / mo$47.00$47.00
Total monthly$4,226.45$3,868.37
Cash to close$0$47,000