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$548,531$539,100
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.800%7.560%
1st payment$3,787.61$3,703.24
2nd payment$0.00$0.00
Taxes / mo$499.17$499.17
Insurance / mo$166.67$166.67
MI / mo$405.30$107.82
HOA / mo$160.00$160.00
Total monthly$5,018.74$4,636.90
Cash to close$50,469$59,900