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$596,395$553,500
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$3,940.74$3,802.16
2nd payment$0.00$0.00
Taxes / mo$270.92$270.92
Insurance / mo$166.67$166.67
MI / mo$276.77$110.70
HOA / mo$85.00$85.00
Total monthly$4,740.09$4,435.44
Cash to close$18,605$61,500