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$931,598$873,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$6,228.39$6,044.48
2nd payment$0.00$0.00
Taxes / mo$808.33$808.33
Insurance / mo$216.67$216.67
MI / mo$438.78$174.60
HOA / mo$0.00$0.00
Total monthly$7,692.17$7,244.08
Cash to close$38,402$97,000