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$1,040,934$675,000
Remaining term (yrs)68.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.490%7.400%
Blended rate8.340%7.640%
1st payment$6,537.18$4,673.56
2nd payment$0.00$0.00
Taxes / mo$200.00$200.00
Insurance / mo$216.67$216.67
MI / mo$738.44$135.00
HOA / mo$34.00$34.00
Total monthly$7,726.28$5,259.23
Cash to close$0$75,000