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$627,689$571,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$3,971.27$3,956.95
2nd payment$0.00$0.00
Taxes / mo$529.17$529.17
Insurance / mo$166.67$166.67
MI / mo$292.52$114.30
HOA / mo$0.00$0.00
Total monthly$4,959.62$4,767.08
Cash to close$7,311$63,500