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$592,635$566,999
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.620%7.320%
Blended rate8.170%7.560%
1st payment$4,306.74$3,894.89
2nd payment$0.00$0.00
Taxes / mo$525.00$525.00
Insurance / mo$166.67$166.67
MI / mo$279.02$113.40
HOA / mo$468.00$468.00
Total monthly$5,745.43$5,167.96
Cash to close$37,364$63,000