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$487,435$456,300
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.320%
Blended rate7.210%7.560%
1st payment$3,224.34$3,134.46
2nd payment$0.00$0.00
Taxes / mo$433.17$433.17
Insurance / mo$166.67$166.67
MI / mo$229.97$91.26
HOA / mo$148.33$148.33
Total monthly$4,202.46$3,973.89
Cash to close$19,565$50,700