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$509,643$472,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.610%7.320%
Blended rate7.160%7.560%
1st payment$3,358.40$3,245.75
2nd payment$0.00$0.00
Taxes / mo$311.58$311.58
Insurance / mo$166.67$166.67
MI / mo$240.77$94.50
HOA / mo$170.00$170.00
Total monthly$4,247.42$3,988.50
Cash to close$15,357$52,500