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$1,001,440$953,999
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$6,369.24$6,553.31
2nd payment$0.00$0.00
Taxes / mo$883.33$883.33
Insurance / mo$216.67$216.67
MI / mo$469.15$190.80
HOA / mo$0.00$0.00
Total monthly$7,938.39$7,844.11
Cash to close$58,559$106,000