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$527,322$387,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.400%
Blended rate6.080%7.640%
1st payment$3,099.85$2,679.51
2nd payment$0.00$0.00
Taxes / mo$585.08$585.08
Insurance / mo$150.00$150.00
MI / mo$398.52$77.40
HOA / mo$65.00$65.00
Total monthly$4,298.45$3,556.99
Cash to close$0$43,000