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$943,465$900,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.040%7.320%
Blended rate7.590%7.560%
1st payment$6,394.95$6,182.38
2nd payment$0.00$0.00
Taxes / mo$833.33$833.33
Insurance / mo$216.67$216.67
MI / mo$438.78$180.00
HOA / mo$0.00$0.00
Total monthly$7,883.73$7,412.38
Cash to close$56,535$100,000