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$499,237$494,991
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.070%7.320%
Blended rate7.620%7.560%
1st payment$3,449.58$3,400.24
2nd payment$0.00$0.00
Taxes / mo$514.96$514.96
Insurance / mo$166.67$166.67
MI / mo$235.98$99.00
HOA / mo$673.33$673.33
Total monthly$5,040.51$4,854.20
Cash to close$50,753$54,999