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$582,378$566,100
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$3,832.70$3,919.56
2nd payment$0.00$0.00
Taxes / mo$524.17$524.17
Insurance / mo$166.67$166.67
MI / mo$273.92$113.22
HOA / mo$110.00$110.00
Total monthly$4,907.46$4,833.62
Cash to close$46,622$62,900