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$535,665$526,499
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.320%
Blended rate7.330%7.560%
1st payment$3,581.30$3,616.68
2nd payment$0.00$0.00
Taxes / mo$487.50$487.50
Insurance / mo$166.67$166.67
MI / mo$252.30$105.30
HOA / mo$0.00$0.00
Total monthly$4,487.77$4,376.15
Cash to close$49,334$58,500