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$525,525$481,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.400%
Blended rate7.410%7.640%
1st payment$3,526.68$3,333.81
2nd payment$0.00$0.00
Taxes / mo$416.83$416.83
Insurance / mo$166.67$166.67
MI / mo$246.43$96.30
HOA / mo$70.00$70.00
Total monthly$4,426.60$4,083.61
Cash to close$9,475$53,500