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$450,364$427,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.580%7.400%
Blended rate7.130%7.640%
1st payment$2,902.29$2,959.92
2nd payment$0.00$0.00
Taxes / mo$196.50$196.50
Insurance / mo$166.67$166.67
MI / mo$208.71$85.50
HOA / mo$90.00$90.00
Total monthly$3,564.17$3,498.59
Cash to close$24,636$47,500