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$492,518$472,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.240%
Blended rate7.210%7.480%
1st payment$3,257.96$3,220.08
2nd payment$0.00$0.00
Taxes / mo$154.58$154.58
Insurance / mo$166.67$166.67
MI / mo$232.36$94.50
HOA / mo$88.00$88.00
Total monthly$3,899.58$3,723.83
Cash to close$32,482$52,500