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$617,043$598,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$4,137.19$4,111.28
2nd payment$0.00$0.00
Taxes / mo$554.17$554.17
Insurance / mo$166.67$166.67
MI / mo$290.27$119.70
HOA / mo$398.00$398.00
Total monthly$5,546.30$5,349.81
Cash to close$47,957$66,500