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$497,918$463,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.320%
Blended rate7.570%7.560%
1st payment$3,396.99$3,183.92
2nd payment$0.00$0.00
Taxes / mo$553.33$553.33
Insurance / mo$166.67$166.67
MI / mo$233.55$92.70
HOA / mo$0.00$0.00
Total monthly$4,350.54$3,996.62
Cash to close$17,082$51,500