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$512,622$436,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.400%
Blended rate7.470%7.640%
1st payment$3,460.24$3,022.24
2nd payment$0.00$0.00
Taxes / mo$510.62$510.62
Insurance / mo$166.67$166.67
MI / mo$240.32$87.30
HOA / mo$95.67$95.67
Total monthly$4,473.51$3,882.49
Cash to close$0$48,500