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$525,985$508,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$3,447.43$3,520.75
2nd payment$0.00$0.00
Taxes / mo$470.83$470.83
Insurance / mo$166.67$166.67
MI / mo$246.64$101.70
HOA / mo$0.00$0.00
Total monthly$4,331.57$4,259.95
Cash to close$39,015$56,500