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$1,070,662$810,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$7,178.65$5,608.28
2nd payment$0.00$0.00
Taxes / mo$750.00$750.00
Insurance / mo$216.67$216.67
MI / mo$503.66$162.00
HOA / mo$555.00$555.00
Total monthly$9,203.98$7,291.94
Cash to close$0$90,000