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$479,538$468,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.320%
Blended rate7.020%7.560%
1st payment$3,093.41$3,214.84
2nd payment$0.00$0.00
Taxes / mo$232.75$232.75
Insurance / mo$166.67$166.67
MI / mo$225.02$93.60
HOA / mo$135.00$135.00
Total monthly$3,852.85$3,842.85
Cash to close$40,462$52,000