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$541,438$526,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.400%
Blended rate6.970%7.640%
1st payment$3,538.29$3,645.38
2nd payment$0.00$0.00
Taxes / mo$519.67$519.67
Insurance / mo$166.67$166.67
MI / mo$258.72$105.30
HOA / mo$85.00$85.00
Total monthly$4,568.34$4,522.01
Cash to close$43,562$58,500