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$474,236$445,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$3,166.95$3,084.55
2nd payment$0.00$0.00
Taxes / mo$291.08$291.08
Insurance / mo$166.67$166.67
MI / mo$221.52$89.10
HOA / mo$30.00$30.00
Total monthly$3,876.21$3,661.40
Cash to close$20,764$49,500