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$635,517$603,000
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$4,120.20$4,142.19
2nd payment$0.00$0.00
Taxes / mo$558.33$558.33
Insurance / mo$166.67$166.67
MI / mo$294.77$120.60
HOA / mo$40.00$40.00
Total monthly$5,179.97$5,027.79
Cash to close$34,483$67,000