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$738,260$558,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.840%7.400%
Blended rate6.390%7.640%
1st payment$4,556.55$3,863.48
2nd payment$0.00$0.00
Taxes / mo$786.50$786.50
Insurance / mo$166.67$166.67
MI / mo$354.39$111.60
HOA / mo$100.00$100.00
Total monthly$5,964.11$5,028.25
Cash to close$0$62,000