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$542,145$499,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.070%7.400%
Blended rate7.620%7.640%
1st payment$3,749.88$3,458.44
2nd payment$0.00$0.00
Taxes / mo$462.50$462.50
Insurance / mo$166.67$166.67
MI / mo$256.52$99.90
HOA / mo$0.00$0.00
Total monthly$4,635.56$4,187.50
Cash to close$12,855$55,500