Dan Frey Home Loans
Call Dan

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$690,487$553,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$4,731.28$3,832.32
2nd payment$0.00$0.00
Taxes / mo$376.17$376.17
Insurance / mo$166.67$166.67
MI / mo$327.26$110.70
HOA / mo$0.00$0.00
Total monthly$5,601.38$4,485.86
Cash to close$0$61,500