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$462,291$445,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.400%
Blended rate7.670%7.640%
1st payment$3,212.69$3,084.55
2nd payment$0.00$0.00
Taxes / mo$124.17$124.17
Insurance / mo$166.67$166.67
MI / mo$218.67$89.10
HOA / mo$40.00$40.00
Total monthly$3,762.19$3,504.49
Cash to close$32,709$49,500