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$570,209$531,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.320%
Blended rate7.510%7.560%
1st payment$3,903.04$3,647.60
2nd payment$0.00$0.00
Taxes / mo$642.58$642.58
Insurance / mo$166.67$166.67
MI / mo$269.97$106.20
HOA / mo$37.67$37.67
Total monthly$5,019.93$4,600.72
Cash to close$19,791$59,000