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$529,806$508,500
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.400%
Blended rate8.180%7.640%
1st payment$3,853.71$3,520.75
2nd payment$0.00$0.00
Taxes / mo$470.83$470.83
Insurance / mo$166.67$166.67
MI / mo$249.43$101.70
HOA / mo$118.00$118.00
Total monthly$4,858.63$4,377.95
Cash to close$35,194$56,500