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$546,183$522,000
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$3,693.94$3,614.22
2nd payment$0.00$0.00
Taxes / mo$483.33$483.33
Insurance / mo$166.67$166.67
MI / mo$256.03$104.40
HOA / mo$176.00$176.00
Total monthly$4,775.97$4,544.62
Cash to close$33,817$58,000