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$505,354$449,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.400%
Blended rate6.080%7.640%
1st payment$2,975.23$3,109.48
2nd payment$0.00$0.00
Taxes / mo$415.83$415.83
Insurance / mo$166.67$166.67
MI / mo$382.50$89.82
HOA / mo$183.00$183.00
Total monthly$4,123.23$3,964.80
Cash to close$0$49,900