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$471,009$450,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$2,998.86$3,091.19
2nd payment$0.00$0.00
Taxes / mo$454.92$454.92
Insurance / mo$166.67$166.67
MI / mo$220.89$90.00
HOA / mo$464.33$464.33
Total monthly$4,305.67$4,267.10
Cash to close$28,991$50,000