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$504,358$490,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$3,411.07$3,395.50
2nd payment$0.00$0.00
Taxes / mo$454.08$454.08
Insurance / mo$166.67$166.67
MI / mo$236.18$98.08
HOA / mo$190.00$190.00
Total monthly$4,458.00$4,304.33
Cash to close$40,542$54,490