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$510,579$494,999
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$3,477.21$3,427.27
2nd payment$0.00$0.00
Taxes / mo$458.33$458.33
Insurance / mo$166.67$166.67
MI / mo$240.76$99.00
HOA / mo$120.00$120.00
Total monthly$4,462.97$4,271.27
Cash to close$39,420$55,000