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$824,781$729,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.310%7.400%
Blended rate7.160%7.640%
1st payment$5,365.28$5,047.45
2nd payment$0.00$0.00
Taxes / mo$675.00$675.00
Insurance / mo$216.67$216.67
MI / mo$613.34$145.80
HOA / mo$0.00$0.00
Total monthly$6,870.29$6,084.92
Cash to close$0$81,000