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$493,786$415,800
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.240%
Blended rate6.070%7.480%
1st payment$2,891.02$2,833.67
2nd payment$0.00$0.00
Taxes / mo$385.00$385.00
Insurance / mo$166.67$166.67
MI / mo$372.09$83.16
HOA / mo$0.00$0.00
Total monthly$3,814.78$3,468.50
Cash to close$0$46,200