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$793,853$598,500
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.700%7.320%
Blended rate3.550%7.560%
1st payment$3,650.38$4,111.28
2nd payment$0.00$0.00
Taxes / mo$406.33$406.33
Insurance / mo$166.67$166.67
MI / mo$637.50$119.70
HOA / mo$307.00$307.00
Total monthly$5,167.88$5,110.98
Cash to close$0$66,500