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$571,676$550,800
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$3,796.00$3,813.63
2nd payment$0.00$0.00
Taxes / mo$477.08$477.08
Insurance / mo$166.67$166.67
MI / mo$265.52$110.16
HOA / mo$51.00$51.00
Total monthly$4,756.27$4,618.54
Cash to close$40,324$61,200