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$455,530$431,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.400%
Blended rate7.420%7.640%
1st payment$3,036.44$2,984.85
2nd payment$0.00$0.00
Taxes / mo$365.33$365.33
Insurance / mo$166.67$166.67
MI / mo$211.96$86.22
HOA / mo$35.00$35.00
Total monthly$3,815.40$3,638.07
Cash to close$23,470$47,900