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$640,229$625,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.400%
Blended rate7.340%7.640%
1st payment$4,250.27$4,330.84
2nd payment$0.00$0.00
Taxes / mo$579.17$579.17
Insurance / mo$166.67$166.67
MI / mo$299.12$125.10
HOA / mo$438.00$438.00
Total monthly$5,733.23$5,639.77
Cash to close$54,771$69,500