Dan Frey Home Loans
Call Dan

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$604,805$566,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$4,050.74$3,919.56
2nd payment$0.00$0.00
Taxes / mo$524.17$524.17
Insurance / mo$166.67$166.67
MI / mo$283.34$113.22
HOA / mo$0.00$0.00
Total monthly$5,024.91$4,723.62
Cash to close$24,195$62,900