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$925,353$854,899
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$5,864.85$5,919.15
2nd payment$0.00$0.00
Taxes / mo$791.57$791.57
Insurance / mo$216.67$216.67
MI / mo$425.28$170.98
HOA / mo$0.00$0.00
Total monthly$7,298.37$7,098.37
Cash to close$24,535$94,989