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$509,707$477,900
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.320%
Blended rate6.980%7.560%
1st payment$3,326.35$3,282.84
2nd payment$0.00$0.00
Taxes / mo$391.67$391.67
Insurance / mo$166.67$166.67
MI / mo$242.97$95.58
HOA / mo$33.00$33.00
Total monthly$4,160.66$3,969.75
Cash to close$21,293$53,100