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$574,245$553,499
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.320%
Blended rate7.490%7.560%
1st payment$3,895.25$3,802.15
2nd payment$0.00$0.00
Taxes / mo$512.50$512.50
Insurance / mo$166.67$166.67
MI / mo$269.98$110.70
HOA / mo$257.00$257.00
Total monthly$5,101.40$4,849.02
Cash to close$40,754$61,500