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$771,919$742,499
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$5,079.19$5,140.91
2nd payment$0.00$0.00
Taxes / mo$687.50$687.50
Insurance / mo$216.67$216.67
MI / mo$360.03$148.50
HOA / mo$0.00$0.00
Total monthly$6,343.39$6,193.58
Cash to close$53,080$82,500