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$554,657$508,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.510%7.400%
Blended rate6.360%7.640%
1st payment$3,348.72$3,520.75
2nd payment$0.00$0.00
Taxes / mo$470.83$470.83
Insurance / mo$166.67$166.67
MI / mo$417.30$101.70
HOA / mo$0.00$0.00
Total monthly$4,403.53$4,259.95
Cash to close$10,343$56,500