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$523,454$356,850
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.000%7.400%
Blended rate4.850%7.640%
1st payment$2,721.27$2,470.76
2nd payment$0.00$0.00
Taxes / mo$145.85$145.85
Insurance / mo$150.00$150.00
MI / mo$403.75$71.37
HOA / mo$0.00$0.00
Total monthly$3,420.87$2,837.98
Cash to close$0$39,650