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$488,311$449,999
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$3,220.67$3,091.18
2nd payment$0.00$0.00
Taxes / mo$175.08$175.08
Insurance / mo$166.67$166.67
MI / mo$230.42$90.00
HOA / mo$0.00$0.00
Total monthly$3,792.84$3,522.93
Cash to close$11,688$50,000