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$496,751$490,410
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$3,308.23$3,395.50
2nd payment$0.00$0.00
Taxes / mo$111.58$111.58
Insurance / mo$166.67$166.67
MI / mo$234.02$98.08
HOA / mo$66.67$66.67
Total monthly$3,887.16$3,838.50
Cash to close$48,149$54,490