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$643,163$593,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$4,354.06$4,079.75
2nd payment$0.00$0.00
Taxes / mo$340.67$340.67
Insurance / mo$166.67$166.67
MI / mo$301.48$118.78
HOA / mo$0.00$0.00
Total monthly$5,162.87$4,705.86
Cash to close$16,737$65,990