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$838,812$648,000
Remaining term (yrs)77.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.350%7.560%
1st payment$4,573.98$4,451.31
2nd payment$0.00$0.00
Taxes / mo$419.50$419.50
Insurance / mo$216.67$216.67
MI / mo$595.00$129.60
HOA / mo$123.67$123.67
Total monthly$5,928.82$5,340.75
Cash to close$0$72,000