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$450,308$292,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.680%7.400%
Blended rate8.230%7.640%
1st payment$3,308.85$2,025.21
2nd payment$0.00$0.00
Taxes / mo$163.50$163.50
Insurance / mo$150.00$150.00
MI / mo$213.13$58.50
HOA / mo$531.00$531.00
Total monthly$4,366.48$2,928.21
Cash to close$0$32,500