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$494,474$486,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.240%
Blended rate6.820%7.480%
1st payment$3,180.67$3,312.08
2nd payment$0.00$0.00
Taxes / mo$176.17$176.17
Insurance / mo$166.67$166.67
MI / mo$236.27$97.20
HOA / mo$0.00$0.00
Total monthly$3,759.77$3,752.11
Cash to close$45,526$54,000