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$521,296$512,991
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.400%
Blended rate7.420%7.640%
1st payment$3,481.39$3,551.85
2nd payment$0.00$0.00
Taxes / mo$113.92$113.92
Insurance / mo$166.67$166.67
MI / mo$243.02$102.60
HOA / mo$66.67$66.67
Total monthly$4,071.66$4,001.70
Cash to close$48,694$56,999