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$593,053$567,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.320%
Blended rate8.310%7.560%
1st payment$4,365.51$3,894.90
2nd payment$0.00$0.00
Taxes / mo$525.00$525.00
Insurance / mo$166.67$166.67
MI / mo$279.02$113.40
HOA / mo$465.00$465.00
Total monthly$5,801.20$5,164.96
Cash to close$36,947$63,000