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$1,247,975$775,800
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.320%
Blended rate7.020%7.560%
1st payment$8,166.62$5,329.21
2nd payment$0.00$0.00
Taxes / mo$989.58$989.58
Insurance / mo$216.67$216.67
MI / mo$594.04$155.16
HOA / mo$0.00$0.00
Total monthly$9,966.91$6,690.62
Cash to close$0$86,200