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$624,054$557,910
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$4,179.65$3,862.86
2nd payment$0.00$0.00
Taxes / mo$516.58$516.58
Insurance / mo$166.67$166.67
MI / mo$296.57$111.58
HOA / mo$202.00$202.00
Total monthly$5,361.47$4,859.69
Cash to close$0$61,990