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$561,721$539,775
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$3,630.62$3,707.88
2nd payment$0.00$0.00
Taxes / mo$499.79$499.79
Insurance / mo$166.67$166.67
MI / mo$263.27$107.96
HOA / mo$103.00$103.00
Total monthly$4,663.35$4,585.29
Cash to close$38,029$59,975