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$522,155$314,550
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.400%
Blended rate6.960%7.640%
1st payment$3,335.66$2,177.88
2nd payment$0.00$0.00
Taxes / mo$364.06$364.06
Insurance / mo$150.00$150.00
MI / mo$389.48$62.91
HOA / mo$0.00$0.00
Total monthly$4,239.20$2,754.85
Cash to close$0$34,950