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$609,600$481,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.910%7.320%
Blended rate7.460%7.560%
1st payment$4,091.04$3,307.57
2nd payment$0.00$0.00
Taxes / mo$445.83$445.83
Insurance / mo$166.67$166.67
MI / mo$284.42$96.30
HOA / mo$0.00$0.00
Total monthly$4,987.96$4,016.37
Cash to close$0$53,500