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$670,196$625,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.320%
Blended rate7.320%7.560%
1st payment$4,476.38$4,296.75
2nd payment$0.00$0.00
Taxes / mo$579.17$579.17
Insurance / mo$166.67$166.67
MI / mo$315.68$125.10
HOA / mo$115.00$115.00
Total monthly$5,652.89$5,282.68
Cash to close$24,804$69,500