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$743,330$652,500
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.400%
Blended rate7.420%7.640%
1st payment$4,964.20$4,517.78
2nd payment$0.00$0.00
Taxes / mo$604.17$604.17
Insurance / mo$216.67$216.67
MI / mo$346.52$130.50
HOA / mo$0.00$0.00
Total monthly$6,131.56$5,469.11
Cash to close$0$72,500