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$1,154,151$814,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$7,466.53$5,639.43
2nd payment$0.00$0.00
Taxes / mo$754.17$754.17
Insurance / mo$216.67$216.67
MI / mo$539.18$162.90
HOA / mo$0.00$0.00
Total monthly$8,976.54$6,773.17
Cash to close$0$90,500