Dan Frey Home Loans
Call Dan

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$529,293$508,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$3,428.25$3,520.75
2nd payment$0.00$0.00
Taxes / mo$345.00$345.00
Insurance / mo$166.67$166.67
MI / mo$245.27$101.70
HOA / mo$50.00$50.00
Total monthly$4,235.19$4,184.12
Cash to close$35,707$56,500