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$547,092$463,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,525.12$3,209.18
2nd payment$0.00$0.00
Taxes / mo$429.17$429.17
Insurance / mo$166.67$166.67
MI / mo$255.62$92.70
HOA / mo$425.00$425.00
Total monthly$4,801.57$4,322.71
Cash to close$0$51,500