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$7,704,399$283,500
Remaining term (yrs)16.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.370%7.320%
Blended rate4.220%7.560%
1st payment$49,845.19$1,947.45
2nd payment$0.00$0.00
Taxes / mo$269.00$269.00
Insurance / mo$150.00$150.00
MI / mo$7,991.28$56.70
HOA / mo$0.00$0.00
Total monthly$58,255.47$2,423.15
Cash to close$0$31,500