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$597,208$585,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.400%
Blended rate7.340%7.640%
1st payment$3,964.67$4,050.42
2nd payment$0.00$0.00
Taxes / mo$247.17$247.17
Insurance / mo$166.67$166.67
MI / mo$279.02$117.00
HOA / mo$42.00$42.00
Total monthly$4,699.52$4,623.26
Cash to close$52,792$65,000