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$785,778$646,200
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.910%7.400%
Blended rate7.460%7.640%
1st payment$5,353.03$4,474.16
2nd payment$0.00$0.00
Taxes / mo$875.00$875.00
Insurance / mo$216.67$216.67
MI / mo$372.15$129.24
HOA / mo$0.00$0.00
Total monthly$6,816.85$5,695.06
Cash to close$0$71,800