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$644,721$602,550
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$4,206.16$4,171.93
2nd payment$0.00$0.00
Taxes / mo$557.92$557.92
Insurance / mo$166.67$166.67
MI / mo$298.15$120.51
HOA / mo$394.00$394.00
Total monthly$5,622.89$5,411.03
Cash to close$24,779$66,950