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$7,024,998$242,910
Remaining term (yrs)22.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.750%7.320%
Blended rate5.600%7.560%
1st payment$42,576.91$1,668.62
2nd payment$0.00$0.00
Taxes / mo$186.17$186.17
Insurance / mo$150.00$150.00
MI / mo$5,781.42$48.58
HOA / mo$0.00$0.00
Total monthly$48,694.50$2,053.37
Cash to close$0$26,990