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$868,661$778,725
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$5,530.66$5,391.73
2nd payment$0.00$0.00
Taxes / mo$721.04$721.04
Insurance / mo$216.67$216.67
MI / mo$407.38$155.75
HOA / mo$194.00$194.00
Total monthly$7,069.75$6,679.19
Cash to close$0$86,525