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$631,251$566,550
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.270%7.320%
Blended rate6.120%7.560%
1st payment$3,737.14$3,891.81
2nd payment$0.00$0.00
Taxes / mo$580.08$580.08
Insurance / mo$166.67$166.67
MI / mo$478.30$113.31
HOA / mo$90.00$90.00
Total monthly$5,052.20$4,841.87
Cash to close$0$62,950