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$510,125$485,899
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$3,430.90$3,337.79
2nd payment$0.00$0.00
Taxes / mo$449.91$449.91
Insurance / mo$166.67$166.67
MI / mo$240.72$97.18
HOA / mo$265.00$265.00
Total monthly$4,553.19$4,316.54
Cash to close$29,763$53,989