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$551,566$538,200
Remaining term (yrs)21.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.710%7.320%
Blended rate5.560%7.560%
1st payment$3,426.98$3,697.06
2nd payment$0.00$0.00
Taxes / mo$231.50$231.50
Insurance / mo$166.67$166.67
MI / mo$467.50$107.64
HOA / mo$98.00$98.00
Total monthly$4,390.64$4,300.87
Cash to close$46,434$59,800