Dan Frey Home Loans
Call Dan

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$477,048$431,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$3,145.42$2,961.36
2nd payment$0.00$0.00
Taxes / mo$502.67$502.67
Insurance / mo$166.67$166.67
MI / mo$228.08$86.22
HOA / mo$0.00$0.00
Total monthly$4,042.83$3,716.91
Cash to close$1,952$47,900