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$662,547$643,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.320%
Blended rate7.040%7.560%
1st payment$4,278.02$4,420.40
2nd payment$0.00$0.00
Taxes / mo$595.83$595.83
Insurance / mo$216.67$216.67
MI / mo$310.54$128.70
HOA / mo$117.00$117.00
Total monthly$5,518.06$5,478.60
Cash to close$52,453$71,500