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$636,259$494,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.850%7.400%
Blended rate4.700%7.640%
1st payment$3,242.61$3,421.05
2nd payment$0.00$0.00
Taxes / mo$457.50$457.50
Insurance / mo$166.67$166.67
MI / mo$489.93$98.82
HOA / mo$260.00$260.00
Total monthly$4,616.71$4,404.04
Cash to close$0$54,900