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$657,458$422,910
Remaining term (yrs)69.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.660%7.400%
Blended rate6.510%7.640%
1st payment$3,161.44$2,928.14
2nd payment$0.00$0.00
Taxes / mo$263.33$263.33
Insurance / mo$166.67$166.67
MI / mo$467.50$84.58
HOA / mo$5.00$5.00
Total monthly$4,063.94$3,447.73
Cash to close$0$46,990