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$673,067$611,100
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$4,380.84$4,231.13
2nd payment$0.00$0.00
Taxes / mo$565.83$565.83
Insurance / mo$166.67$166.67
MI / mo$312.77$122.22
HOA / mo$0.00$0.00
Total monthly$5,426.11$5,085.85
Cash to close$5,933$67,900