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$586,718$552,600
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.490%7.400%
Blended rate8.040%7.640%
1st payment$4,208.88$3,826.09
2nd payment$0.00$0.00
Taxes / mo$511.67$511.67
Insurance / mo$166.67$166.67
MI / mo$276.16$110.52
HOA / mo$290.00$290.00
Total monthly$5,453.37$4,904.94
Cash to close$27,282$61,400