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$1,227,992$1,169,100
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.320%
Blended rate7.270%7.560%
1st payment$8,096.05$8,030.91
2nd payment$0.00$0.00
Taxes / mo$1,082.50$1,082.50
Insurance / mo$216.67$216.67
MI / mo$573.87$233.82
HOA / mo$0.00$0.00
Total monthly$9,969.09$9,563.89
Cash to close$71,008$129,900