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$516,594$441,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$3,463.70$3,029.36
2nd payment$0.00$0.00
Taxes / mo$319.68$319.68
Insurance / mo$166.67$166.67
MI / mo$243.02$88.20
HOA / mo$75.67$75.67
Total monthly$4,268.73$3,679.58
Cash to close$0$49,000