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$656,065$517,950
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$4,308.90$3,586.18
2nd payment$0.00$0.00
Taxes / mo$479.58$479.58
Insurance / mo$166.67$166.67
MI / mo$308.27$103.59
HOA / mo$0.00$0.00
Total monthly$5,263.43$4,336.02
Cash to close$0$57,550