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$465,942$459,000
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$3,085.13$3,178.02
2nd payment$0.00$0.00
Taxes / mo$43.33$43.33
Insurance / mo$166.67$166.67
MI / mo$216.02$91.80
HOA / mo$16.67$16.67
Total monthly$3,527.82$3,496.49
Cash to close$44,058$51,000