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$602,839$584,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$4,017.92$4,049.80
2nd payment$0.00$0.00
Taxes / mo$698.08$698.08
Insurance / mo$166.67$166.67
MI / mo$281.33$116.98
HOA / mo$0.00$0.00
Total monthly$5,164.00$5,031.53
Cash to close$47,061$64,990