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$447,832$436,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$2,978.91$3,022.24
2nd payment$0.00$0.00
Taxes / mo$170.58$170.58
Insurance / mo$166.67$166.67
MI / mo$209.86$87.30
HOA / mo$76.00$76.00
Total monthly$3,602.01$3,522.79
Cash to close$37,168$48,500