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$894,561$845,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$5,740.73$5,851.30
2nd payment$0.00$0.00
Taxes / mo$782.50$782.50
Insurance / mo$216.67$216.67
MI / mo$416.28$169.02
HOA / mo$0.00$0.00
Total monthly$7,156.17$7,019.49
Cash to close$44,439$93,900