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$506,146$463,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$3,150.38$3,209.18
2nd payment$0.00$0.00
Taxes / mo$487.58$487.58
Insurance / mo$166.67$166.67
MI / mo$234.02$92.70
HOA / mo$60.00$60.00
Total monthly$4,098.65$4,016.13
Cash to close$8,854$51,500