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$662,410$629,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$4,419.50$4,355.76
2nd payment$0.00$0.00
Taxes / mo$618.17$618.17
Insurance / mo$166.67$166.67
MI / mo$314.88$125.82
HOA / mo$102.00$102.00
Total monthly$5,621.22$5,368.41
Cash to close$36,590$69,900