Dan Frey Home Loans
Call Dan

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$8,119,891$405,000
Remaining term (yrs)0.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.010%7.400%
Blended rate6.560%7.640%
1st payment$1,377,136.42$2,804.14
2nd payment$0.00$0.00
Taxes / mo$375.00$375.00
Insurance / mo$150.00$150.00
MI / mo$7,333.33$81.00
HOA / mo$0.00$0.00
Total monthly$1,384,994.75$3,410.14
Cash to close$0$45,000