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$623,865$566,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$4,064.53$3,925.17
2nd payment$0.00$0.00
Taxes / mo$243.75$243.75
Insurance / mo$166.67$166.67
MI / mo$290.19$113.38
HOA / mo$0.00$0.00
Total monthly$4,765.14$4,448.97
Cash to close$6,035$62,990