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$3,771,070$538,110
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$24,081.79$3,725.76
2nd payment$0.00$0.00
Taxes / mo$109.68$109.68
Insurance / mo$166.67$166.67
MI / mo$1,746.25$107.62
HOA / mo$140.00$140.00
Total monthly$26,244.39$4,249.73
Cash to close$0$59,790