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$524,208$413,910
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.320%
Blended rate7.410%7.560%
1st payment$3,477.85$2,843.27
2nd payment$0.00$0.00
Taxes / mo$179.33$179.33
Insurance / mo$166.67$166.67
MI / mo$243.02$82.78
HOA / mo$208.00$208.00
Total monthly$4,274.87$3,480.06
Cash to close$0$45,990