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$615,531$530,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$4,122.57$3,670.31
2nd payment$0.00$0.00
Taxes / mo$490.83$490.83
Insurance / mo$166.67$166.67
MI / mo$292.52$106.02
HOA / mo$357.00$357.00
Total monthly$5,429.59$4,790.83
Cash to close$0$58,900