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$516,606$472,410
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$3,538.25$3,270.87
2nd payment$0.00$0.00
Taxes / mo$437.42$437.42
Insurance / mo$166.67$166.67
MI / mo$243.02$94.48
HOA / mo$385.00$385.00
Total monthly$4,770.35$4,354.44
Cash to close$8,294$52,490