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$498,875$472,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.320%
Blended rate6.810%7.560%
1st payment$3,213.63$3,245.75
2nd payment$0.00$0.00
Taxes / mo$437.50$437.50
Insurance / mo$166.67$166.67
MI / mo$238.97$94.50
HOA / mo$0.00$0.00
Total monthly$4,056.76$3,944.41
Cash to close$26,125$52,500