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$567,215$535,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$3,707.38$3,707.69
2nd payment$0.00$0.00
Taxes / mo$258.00$258.00
Insurance / mo$166.67$166.67
MI / mo$262.79$107.10
HOA / mo$12.50$12.50
Total monthly$4,407.34$4,251.96
Cash to close$27,785$59,500