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$518,916$494,091
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$3,533.46$3,420.99
2nd payment$0.00$0.00
Taxes / mo$457.49$457.49
Insurance / mo$166.67$166.67
MI / mo$243.67$98.82
HOA / mo$343.00$343.00
Total monthly$4,744.29$4,486.96
Cash to close$30,074$54,899