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$503,503$445,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.750%7.560%
1st payment$3,460.44$3,060.28
2nd payment$0.00$0.00
Taxes / mo$597.17$597.17
Insurance / mo$166.67$166.67
MI / mo$372.18$89.10
HOA / mo$118.00$118.00
Total monthly$4,714.45$4,031.21
Cash to close$0$49,500