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$931,998$675,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.400%
Blended rate7.580%7.640%
1st payment$6,310.87$4,673.56
2nd payment$0.00$0.00
Taxes / mo$394.25$394.25
Insurance / mo$216.67$216.67
MI / mo$690.63$135.00
HOA / mo$0.00$0.00
Total monthly$7,612.42$5,419.48
Cash to close$0$75,000