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$529,533$503,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$3,488.10$3,461.51
2nd payment$0.00$0.00
Taxes / mo$431.83$431.83
Insurance / mo$166.67$166.67
MI / mo$246.24$100.78
HOA / mo$0.00$0.00
Total monthly$4,332.84$4,160.79
Cash to close$30,367$55,990