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$501,813$472,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.360%7.400%
Blended rate7.210%7.640%
1st payment$3,272.09$3,271.49
2nd payment$0.00$0.00
Taxes / mo$272.83$272.83
Insurance / mo$166.67$166.67
MI / mo$240.77$94.50
HOA / mo$0.00$0.00
Total monthly$3,952.36$3,805.49
Cash to close$23,187$52,500