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$557,205$517,410
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$3,608.40$3,582.44
2nd payment$0.00$0.00
Taxes / mo$10.75$10.75
Insurance / mo$166.67$166.67
MI / mo$260.57$103.48
HOA / mo$129.00$129.00
Total monthly$4,175.38$3,992.34
Cash to close$17,695$57,490