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$514,042$481,950
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.190%7.240%
Blended rate7.740%7.480%
1st payment$3,588.82$3,284.48
2nd payment$0.00$0.00
Taxes / mo$446.25$446.25
Insurance / mo$166.67$166.67
MI / mo$242.57$96.39
HOA / mo$489.00$489.00
Total monthly$4,933.30$4,482.79
Cash to close$21,458$53,550