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$861,471$832,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$5,636.78$5,764.06
2nd payment$0.00$0.00
Taxes / mo$770.83$770.83
Insurance / mo$216.67$216.67
MI / mo$398.73$166.50
HOA / mo$475.00$475.00
Total monthly$7,498.01$7,393.06
Cash to close$63,529$92,500