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$554,539$526,500
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.560%7.400%
Blended rate7.110%7.640%
1st payment$3,559.58$3,645.38
2nd payment$0.00$0.00
Taxes / mo$487.50$487.50
Insurance / mo$166.67$166.67
MI / mo$256.51$105.30
HOA / mo$120.00$120.00
Total monthly$4,590.26$4,524.85
Cash to close$30,461$58,500