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$935,373$675,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$6,356.85$4,673.56
2nd payment$0.00$0.00
Taxes / mo$625.00$625.00
Insurance / mo$216.67$216.67
MI / mo$438.37$135.00
HOA / mo$0.00$0.00
Total monthly$7,636.89$5,650.23
Cash to close$0$75,000