Dan Frey Home Loans
Call Dan

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$545,368$539,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.400%
Blended rate8.180%7.640%
1st payment$3,959.72$3,738.23
2nd payment$0.00$0.00
Taxes / mo$499.92$499.92
Insurance / mo$166.67$166.67
MI / mo$256.29$107.98
HOA / mo$155.00$155.00
Total monthly$5,037.59$4,667.79
Cash to close$54,532$59,990