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$565,991$553,499
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$3,687.47$3,832.32
2nd payment$0.00$0.00
Taxes / mo$512.50$512.50
Insurance / mo$166.67$166.67
MI / mo$263.27$110.70
HOA / mo$0.00$0.00
Total monthly$4,629.91$4,622.18
Cash to close$49,008$61,500