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$859,821$719,999
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.100%7.320%
Blended rate7.650%7.560%
1st payment$5,905.74$4,945.89
2nd payment$0.00$0.00
Taxes / mo$666.67$666.67
Insurance / mo$216.67$216.67
MI / mo$402.78$144.00
HOA / mo$0.00$0.00
Total monthly$7,191.85$5,973.23
Cash to close$0$80,000