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$500,386$481,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.330%7.320%
Blended rate6.880%7.560%
1st payment$3,245.43$3,307.57
2nd payment$0.00$0.00
Taxes / mo$445.83$445.83
Insurance / mo$166.67$166.67
MI / mo$239.56$96.30
HOA / mo$252.00$252.00
Total monthly$4,349.48$4,268.37
Cash to close$34,614$53,500