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$527,327$517,410
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$3,491.58$3,582.44
2nd payment$0.00$0.00
Taxes / mo$511.00$511.00
Insurance / mo$166.67$166.67
MI / mo$244.47$103.48
HOA / mo$175.00$175.00
Total monthly$4,588.72$4,538.59
Cash to close$47,573$57,490