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$639,823$598,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$4,230.04$4,143.89
2nd payment$0.00$0.00
Taxes / mo$359.17$359.17
Insurance / mo$166.67$166.67
MI / mo$305.46$119.70
HOA / mo$85.00$85.00
Total monthly$5,146.34$4,874.43
Cash to close$25,177$66,500