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$657,334$629,999
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.060%7.400%
Blended rate7.610%7.640%
1st payment$4,501.91$4,361.99
2nd payment$0.00$0.00
Taxes / mo$583.33$583.33
Insurance / mo$166.67$166.67
MI / mo$308.27$126.00
HOA / mo$670.00$670.00
Total monthly$6,230.18$5,907.99
Cash to close$42,665$70,000