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$697,632$665,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.450%7.640%
1st payment$4,753.03$4,610.63
2nd payment$0.00$0.00
Taxes / mo$199.83$199.83
Insurance / mo$216.67$216.67
MI / mo$330.77$133.18
HOA / mo$25.00$25.00
Total monthly$5,525.30$5,185.31
Cash to close$42,268$73,990