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$645,048$585,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.400%
Blended rate7.670%7.640%
1st payment$4,482.76$4,050.42
2nd payment$0.00$0.00
Taxes / mo$541.67$541.67
Insurance / mo$166.67$166.67
MI / mo$305.12$117.00
HOA / mo$287.00$287.00
Total monthly$5,783.21$5,162.76
Cash to close$4,952$65,000