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$577,208$539,100
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$3,766.87$3,703.24
2nd payment$0.00$0.00
Taxes / mo$535.25$535.25
Insurance / mo$166.67$166.67
MI / mo$275.15$107.82
HOA / mo$45.00$45.00
Total monthly$4,788.93$4,557.98
Cash to close$21,792$59,900