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$747,108$719,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.320%
Blended rate7.240%7.560%
1st payment$4,988.69$4,939.72
2nd payment$0.00$0.00
Taxes / mo$665.83$665.83
Insurance / mo$216.67$216.67
MI / mo$354.71$143.82
HOA / mo$450.00$450.00
Total monthly$6,675.90$6,416.04
Cash to close$51,892$79,900