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$868,655$774,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.160%7.400%
Blended rate7.010%7.640%
1st payment$5,569.11$5,359.02
2nd payment$0.00$0.00
Taxes / mo$716.67$716.67
Insurance / mo$216.67$216.67
MI / mo$646.82$154.80
HOA / mo$0.00$0.00
Total monthly$7,149.26$6,447.15
Cash to close$0$86,000