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$1,143,195$630,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.320%
Blended rate6.990%7.560%
1st payment$7,329.31$4,327.66
2nd payment$0.00$0.00
Taxes / mo$583.33$583.33
Insurance / mo$166.67$166.67
MI / mo$534.81$126.00
HOA / mo$0.00$0.00
Total monthly$8,614.12$5,203.66
Cash to close$0$70,000