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$791,693$630,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$5,185.01$4,361.99
2nd payment$0.00$0.00
Taxes / mo$300.42$300.42
Insurance / mo$166.67$166.67
MI / mo$366.78$126.00
HOA / mo$0.00$0.00
Total monthly$6,018.87$4,955.08
Cash to close$0$70,000