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$498,200$484,200
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.320%
Blended rate7.270%7.560%
1st payment$3,278.13$3,326.12
2nd payment$0.00$0.00
Taxes / mo$640.92$640.92
Insurance / mo$166.67$166.67
MI / mo$232.36$96.84
HOA / mo$210.00$210.00
Total monthly$4,528.08$4,440.54
Cash to close$39,800$53,800