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$849,069$440,100
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.770%7.320%
Blended rate3.620%7.560%
1st payment$3,898.60$3,023.18
2nd payment$0.00$0.00
Taxes / mo$407.50$407.50
Insurance / mo$166.67$166.67
MI / mo$674.69$88.02
HOA / mo$195.00$195.00
Total monthly$5,342.45$3,880.37
Cash to close$0$48,900