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$649,076$634,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.320%
Blended rate7.730%7.560%
1st payment$4,531.78$4,358.57
2nd payment$0.00$0.00
Taxes / mo$587.50$587.50
Insurance / mo$216.67$216.67
MI / mo$306.61$126.90
HOA / mo$246.00$246.00
Total monthly$5,888.56$5,535.64
Cash to close$55,924$70,500