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$498,996$449,100
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$3,315.99$3,085.01
2nd payment$0.00$0.00
Taxes / mo$195.75$195.75
Insurance / mo$166.67$166.67
MI / mo$232.89$89.82
HOA / mo$250.00$250.00
Total monthly$4,161.29$3,787.24
Cash to close$4$49,900