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$508,683$485,910
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.100%7.320%
Blended rate7.650%7.560%
1st payment$3,497.25$3,337.86
2nd payment$0.00$0.00
Taxes / mo$449.92$449.92
Insurance / mo$166.67$166.67
MI / mo$238.52$97.18
HOA / mo$0.00$0.00
Total monthly$4,352.35$4,051.63
Cash to close$31,217$53,990