Dan Frey Home Loans
Call Dan

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$491,033$467,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$3,551.97$3,239.71
2nd payment$0.00$0.00
Taxes / mo$433.25$433.25
Insurance / mo$166.67$166.67
MI / mo$231.24$93.58
HOA / mo$169.00$169.00
Total monthly$4,552.13$4,102.21
Cash to close$28,867$51,990