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$594,860$543,600
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,813.64$3,763.78
2nd payment$0.00$0.00
Taxes / mo$503.33$503.33
Insurance / mo$166.67$166.67
MI / mo$276.54$108.72
HOA / mo$0.00$0.00
Total monthly$4,760.18$4,542.50
Cash to close$9,140$60,400