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$513,203$467,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.490%7.640%
1st payment$3,470.90$3,234.11
2nd payment$0.00$0.00
Taxes / mo$432.50$432.50
Insurance / mo$166.67$166.67
MI / mo$240.57$93.42
HOA / mo$250.00$250.00
Total monthly$4,560.63$4,176.69
Cash to close$5,797$51,900