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$1,036,430$809,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.320%
Blended rate6.870%7.560%
1st payment$6,699.46$5,557.96
2nd payment$0.00$0.00
Taxes / mo$749.17$749.17
Insurance / mo$216.67$216.67
MI / mo$495.03$161.82
HOA / mo$0.00$0.00
Total monthly$8,160.33$6,685.61
Cash to close$0$89,900