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$659,965$585,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.400%
Blended rate7.280%7.640%
1st payment$4,368.47$4,050.42
2nd payment$0.00$0.00
Taxes / mo$590.75$590.75
Insurance / mo$166.67$166.67
MI / mo$309.33$117.00
HOA / mo$45.00$45.00
Total monthly$5,480.21$4,969.84
Cash to close$0$65,000