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$526,042$476,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$3,519.33$3,296.42
2nd payment$0.00$0.00
Taxes / mo$169.25$169.25
Insurance / mo$166.67$166.67
MI / mo$249.72$95.22
HOA / mo$54.00$54.00
Total monthly$4,158.97$3,781.56
Cash to close$2,958$52,900