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$883,251$764,100
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.400%
Blended rate7.750%7.640%
1st payment$6,178.39$5,290.47
2nd payment$0.00$0.00
Taxes / mo$884.38$884.38
Insurance / mo$216.67$216.67
MI / mo$417.18$152.82
HOA / mo$0.00$0.00
Total monthly$7,696.61$6,544.34
Cash to close$0$84,900