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$504,834$489,600
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$3,406.38$3,363.21
2nd payment$0.00$0.00
Taxes / mo$595.58$595.58
Insurance / mo$166.67$166.67
MI / mo$239.24$97.92
HOA / mo$67.00$67.00
Total monthly$4,474.87$4,290.38
Cash to close$39,166$54,400