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$644,218$611,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$4,264.71$4,231.13
2nd payment$0.00$0.00
Taxes / mo$202.42$202.42
Insurance / mo$166.67$166.67
MI / mo$299.52$122.22
HOA / mo$100.00$100.00
Total monthly$5,033.32$4,822.44
Cash to close$34,782$67,900