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$542,400$535,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$3,700.46$3,707.69
2nd payment$0.00$0.00
Taxes / mo$495.83$495.83
Insurance / mo$166.67$166.67
MI / mo$254.16$107.10
HOA / mo$246.00$246.00
Total monthly$4,863.12$4,723.29
Cash to close$52,600$59,500