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$526,116$504,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$3,359.74$3,462.13
2nd payment$0.00$0.00
Taxes / mo$259.81$259.81
Insurance / mo$166.67$166.67
MI / mo$243.63$100.80
HOA / mo$0.00$0.00
Total monthly$4,029.84$3,989.40
Cash to close$33,884$56,000