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$610,456$585,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.320%
Blended rate7.150%7.560%
1st payment$3,976.99$4,018.54
2nd payment$0.00$0.00
Taxes / mo$411.25$411.25
Insurance / mo$166.67$166.67
MI / mo$285.41$117.00
HOA / mo$83.00$83.00
Total monthly$4,923.32$4,796.46
Cash to close$39,544$65,000