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$624,025$560,700
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$4,179.47$3,882.17
2nd payment$0.00$0.00
Taxes / mo$519.17$519.17
Insurance / mo$166.67$166.67
MI / mo$292.34$112.14
HOA / mo$0.00$0.00
Total monthly$5,157.64$4,680.15
Cash to close$0$62,300