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$590,422$539,999
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.700%7.400%
Blended rate7.550%7.640%
1st payment$3,991.29$3,738.84
2nd payment$0.00$0.00
Taxes / mo$500.00$500.00
Insurance / mo$166.67$166.67
MI / mo$438.13$108.00
HOA / mo$161.00$161.00
Total monthly$5,257.09$4,674.51
Cash to close$9,577$60,000