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$491,260$477,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.240%
Blended rate7.580%7.480%
1st payment$3,374.74$3,250.75
2nd payment$0.00$0.00
Taxes / mo$276.42$276.42
Insurance / mo$166.67$166.67
MI / mo$231.79$95.40
HOA / mo$163.00$163.00
Total monthly$4,212.61$3,952.23
Cash to close$38,740$53,000