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$521,973$495,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.320%
Blended rate7.260%7.560%
1st payment$3,499.83$3,400.31
2nd payment$0.00$0.00
Taxes / mo$229.33$229.33
Insurance / mo$166.67$166.67
MI / mo$248.33$99.00
HOA / mo$0.00$0.00
Total monthly$4,144.16$3,895.31
Cash to close$28,027$55,000