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$596,067$571,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$4,008.91$3,956.95
2nd payment$0.00$0.00
Taxes / mo$565.50$565.50
Insurance / mo$166.67$166.67
MI / mo$281.27$114.30
HOA / mo$127.00$127.00
Total monthly$5,149.34$4,930.42
Cash to close$38,933$63,500