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$731,910$630,000
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.320%
Blended rate6.850%7.560%
1st payment$4,574.34$4,327.66
2nd payment$0.00$0.00
Taxes / mo$583.33$583.33
Insurance / mo$166.67$166.67
MI / mo$338.72$126.00
HOA / mo$330.00$330.00
Total monthly$5,993.06$5,533.66
Cash to close$0$70,000