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$747,380$706,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$4,840.77$4,891.66
2nd payment$0.00$0.00
Taxes / mo$654.17$654.17
Insurance / mo$216.67$216.67
MI / mo$351.02$141.30
HOA / mo$299.00$299.00
Total monthly$6,361.62$6,202.80
Cash to close$37,620$78,500