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$546,973$494,100
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.400%
Blended rate7.150%7.640%
1st payment$3,637.12$3,421.05
2nd payment$0.00$0.00
Taxes / mo$457.50$457.50
Insurance / mo$166.67$166.67
MI / mo$261.02$98.82
HOA / mo$402.00$402.00
Total monthly$4,924.31$4,546.04
Cash to close$2,027$54,900