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$590,012$528,299
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.400%
Blended rate7.770%7.640%
1st payment$4,107.11$3,657.84
2nd payment$0.00$0.00
Taxes / mo$469.58$469.58
Insurance / mo$166.67$166.67
MI / mo$276.77$105.66
HOA / mo$100.00$100.00
Total monthly$5,120.13$4,499.75
Cash to close$0$58,700