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$545,452$477,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$3,678.54$3,302.65
2nd payment$0.00$0.00
Taxes / mo$441.67$441.67
Insurance / mo$166.67$166.67
MI / mo$256.52$95.40
HOA / mo$0.00$0.00
Total monthly$4,543.39$4,006.38
Cash to close$0$53,000