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$803,475$751,500
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.400%
Blended rate6.850%7.640%
1st payment$5,021.61$5,203.23
2nd payment$0.00$0.00
Taxes / mo$695.83$695.83
Insurance / mo$216.67$216.67
MI / mo$371.84$150.30
HOA / mo$215.00$215.00
Total monthly$6,520.95$6,481.03
Cash to close$31,525$83,500