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$578,314$530,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.310%7.400%
Blended rate7.860%7.640%
1st payment$4,083.35$3,670.31
2nd payment$0.00$0.00
Taxes / mo$490.83$490.83
Insurance / mo$166.67$166.67
MI / mo$272.72$106.02
HOA / mo$0.00$0.00
Total monthly$5,013.57$4,433.83
Cash to close$10,686$58,900