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$652,941$629,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$4,220.21$4,355.76
2nd payment$0.00$0.00
Taxes / mo$227.75$227.75
Insurance / mo$166.67$166.67
MI / mo$306.02$125.82
HOA / mo$2.08$2.08
Total monthly$4,922.73$4,878.08
Cash to close$46,059$69,900