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$516,475$440,996
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$3,364.72$3,053.36
2nd payment$0.00$0.00
Taxes / mo$249.67$249.67
Insurance / mo$166.67$166.67
MI / mo$240.72$88.20
HOA / mo$0.00$0.00
Total monthly$4,021.78$3,557.90
Cash to close$0$49,000