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$760,122$684,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.560%7.400%
Blended rate6.410%7.640%
1st payment$4,599.09$4,735.88
2nd payment$0.00$0.00
Taxes / mo$633.33$633.33
Insurance / mo$216.67$216.67
MI / mo$569.96$136.80
HOA / mo$0.00$0.00
Total monthly$6,019.05$5,722.68
Cash to close$0$76,000