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$524,140$517,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$3,520.78$3,583.07
2nd payment$0.00$0.00
Taxes / mo$479.17$479.17
Insurance / mo$166.67$166.67
MI / mo$245.27$103.50
HOA / mo$192.00$192.00
Total monthly$4,603.88$4,524.40
Cash to close$50,860$57,500