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$521,426$449,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.320%
Blended rate5.830%7.560%
1st payment$2,997.62$3,090.57
2nd payment$0.00$0.00
Taxes / mo$416.58$416.58
Insurance / mo$166.67$166.67
MI / mo$396.44$89.98
HOA / mo$0.00$0.00
Total monthly$3,977.31$3,763.80
Cash to close$0$49,990