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$645,900$620,820
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$4,351.74$4,264.60
2nd payment$0.00$0.00
Taxes / mo$374.67$374.67
Insurance / mo$166.67$166.67
MI / mo$303.77$124.16
HOA / mo$66.00$66.00
Total monthly$5,262.84$4,996.10
Cash to close$43,900$68,980