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$460,274$449,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$3,131.09$3,109.48
2nd payment$0.00$0.00
Taxes / mo$233.25$233.25
Insurance / mo$166.67$166.67
MI / mo$215.92$89.82
HOA / mo$30.00$30.00
Total monthly$3,776.93$3,629.21
Cash to close$38,726$49,900