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$599,306$589,410
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$4,043.83$4,048.84
2nd payment$0.00$0.00
Taxes / mo$545.75$545.75
Insurance / mo$166.67$166.67
MI / mo$284.01$117.88
HOA / mo$0.00$0.00
Total monthly$5,040.25$4,879.14
Cash to close$55,594$65,490