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$811,117$711,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.400%
Blended rate6.670%7.640%
1st payment$5,045.27$4,922.82
2nd payment$0.00$0.00
Taxes / mo$683.08$683.08
Insurance / mo$216.67$216.67
MI / mo$380.78$142.20
HOA / mo$30.00$30.00
Total monthly$6,355.80$5,994.77
Cash to close$0$79,000