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$608,003$557,280
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$4,019.67$3,858.49
2nd payment$0.00$0.00
Taxes / mo$516.00$516.00
Insurance / mo$166.67$166.67
MI / mo$290.27$111.46
HOA / mo$0.00$0.00
Total monthly$4,992.61$4,652.62
Cash to close$11,197$61,920