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$535,517$450,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.320%
Blended rate7.290%7.560%
1st payment$3,562.71$3,091.19
2nd payment$0.00$0.00
Taxes / mo$324.33$324.33
Insurance / mo$166.67$166.67
MI / mo$252.02$90.00
HOA / mo$68.00$68.00
Total monthly$4,373.73$3,740.19
Cash to close$0$50,000