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$721,820$674,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$4,758.90$4,672.94
2nd payment$0.00$0.00
Taxes / mo$0.08$0.08
Insurance / mo$216.67$216.67
MI / mo$337.33$134.98
HOA / mo$15.00$15.00
Total monthly$5,327.97$5,039.67
Cash to close$28,080$74,990