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$472,673$449,910
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.520%7.400%
Blended rate6.370%7.640%
1st payment$2,860.73$3,115.09
2nd payment$0.00$0.00
Taxes / mo$416.58$416.58
Insurance / mo$166.67$166.67
MI / mo$356.10$89.98
HOA / mo$525.00$525.00
Total monthly$4,325.08$4,313.32
Cash to close$27,227$49,990