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$521,000$499,500
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$3,428.64$3,431.22
2nd payment$0.00$0.00
Taxes / mo$334.83$334.83
Insurance / mo$166.67$166.67
MI / mo$242.04$99.90
HOA / mo$65.00$65.00
Total monthly$4,237.18$4,097.62
Cash to close$34,000$55,500