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$569,349$562,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$3,835.98$3,863.98
2nd payment$0.00$0.00
Taxes / mo$322.92$322.92
Insurance / mo$166.67$166.67
MI / mo$267.77$112.50
HOA / mo$0.00$0.00
Total monthly$4,593.33$4,466.07
Cash to close$55,651$62,500