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$1,113,440$1,034,514
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$7,153.53$7,162.77
2nd payment$0.00$0.00
Taxes / mo$957.88$957.88
Insurance / mo$216.67$216.67
MI / mo$521.98$206.90
HOA / mo$0.00$0.00
Total monthly$8,850.06$8,544.22
Cash to close$36,020$114,946