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$495,070$486,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.320%
Blended rate7.330%7.560%
1st payment$3,309.89$3,338.48
2nd payment$0.00$0.00
Taxes / mo$463.25$463.25
Insurance / mo$166.67$166.67
MI / mo$233.18$97.20
HOA / mo$9.17$9.17
Total monthly$4,182.16$4,074.77
Cash to close$44,930$54,000