Dan Frey Home Loans
Call Dan

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$687,596$549,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$4,382.51$3,801.17
2nd payment$0.00$0.00
Taxes / mo$584.33$584.33
Insurance / mo$166.67$166.67
MI / mo$317.79$109.80
HOA / mo$128.00$128.00
Total monthly$5,579.30$4,789.97
Cash to close$0$61,000