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$1,026,699$989,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.400%
Blended rate7.170%7.640%
1st payment$6,772.27$6,848.33
2nd payment$0.00$0.00
Taxes / mo$915.83$915.83
Insurance / mo$216.67$216.67
MI / mo$485.01$197.82
HOA / mo$145.00$145.00
Total monthly$8,534.78$8,323.65
Cash to close$72,301$109,900