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$727,047$710,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.400%
Blended rate7.280%7.640%
1st payment$4,817.37$4,916.59
2nd payment$0.00$0.00
Taxes / mo$657.50$657.50
Insurance / mo$216.67$216.67
MI / mo$341.12$142.02
HOA / mo$175.00$175.00
Total monthly$6,207.65$6,107.78
Cash to close$61,953$78,900