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$528,843$495,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.400%
Blended rate7.210%7.640%
1st payment$3,501.98$3,427.28
2nd payment$0.00$0.00
Taxes / mo$246.33$246.33
Insurance / mo$166.67$166.67
MI / mo$249.77$99.00
HOA / mo$25.00$25.00
Total monthly$4,189.74$3,964.28
Cash to close$21,157$55,000