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$569,954$538,200
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$3,777.30$3,726.39
2nd payment$0.00$0.00
Taxes / mo$498.33$498.33
Insurance / mo$166.67$166.67
MI / mo$264.48$107.64
HOA / mo$0.00$0.00
Total monthly$4,706.78$4,499.03
Cash to close$28,046$59,800