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$591,974$405,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.400%
Blended rate7.170%7.640%
1st payment$3,900.57$2,804.14
2nd payment$0.00$0.00
Taxes / mo$375.00$375.00
Insurance / mo$150.00$150.00
MI / mo$279.35$81.00
HOA / mo$810.00$810.00
Total monthly$5,514.91$4,220.14
Cash to close$0$45,000