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$586,808$540,000
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$3,762.17$3,709.43
2nd payment$0.00$0.00
Taxes / mo$237.50$237.50
Insurance / mo$166.67$166.67
MI / mo$274.52$108.00
HOA / mo$0.00$0.00
Total monthly$4,440.86$4,221.59
Cash to close$13,192$60,000