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$563,056$530,991
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$3,635.05$3,676.47
2nd payment$0.00$0.00
Taxes / mo$218.00$218.00
Insurance / mo$166.67$166.67
MI / mo$270.02$106.20
HOA / mo$62.50$62.50
Total monthly$4,352.24$4,229.84
Cash to close$26,934$58,999