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$760,297$652,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$5,157.06$4,517.78
2nd payment$0.00$0.00
Taxes / mo$385.08$385.08
Insurance / mo$216.67$216.67
MI / mo$356.71$130.50
HOA / mo$0.00$0.00
Total monthly$6,115.52$5,250.03
Cash to close$0$72,500