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$494,620$441,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.520%7.400%
Blended rate6.370%7.640%
1st payment$2,989.24$3,053.39
2nd payment$0.00$0.00
Taxes / mo$391.58$391.58
Insurance / mo$166.67$166.67
MI / mo$372.09$88.20
HOA / mo$85.00$85.00
Total monthly$4,004.59$3,784.84
Cash to close$0$49,000