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$562,610$549,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.400%
Blended rate7.150%7.640%
1st payment$3,699.83$3,801.17
2nd payment$0.00$0.00
Taxes / mo$280.50$280.50
Insurance / mo$166.67$166.67
MI / mo$265.52$109.80
HOA / mo$0.00$0.00
Total monthly$4,412.52$4,358.13
Cash to close$47,390$61,000