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$511,384$486,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$3,278.61$3,364.97
2nd payment$0.00$0.00
Taxes / mo$450.00$450.00
Insurance / mo$166.67$166.67
MI / mo$239.23$97.20
HOA / mo$275.00$275.00
Total monthly$4,409.51$4,353.83
Cash to close$28,616$54,000