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$493,537$481,499
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$3,309.16$3,333.80
2nd payment$0.00$0.00
Taxes / mo$340.67$340.67
Insurance / mo$166.67$166.67
MI / mo$234.80$96.30
HOA / mo$252.00$252.00
Total monthly$4,303.30$4,189.44
Cash to close$41,462$53,500