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$649,212$472,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.700%7.320%
Blended rate7.550%7.560%
1st payment$4,388.72$3,245.75
2nd payment$0.00$0.00
Taxes / mo$243.00$243.00
Insurance / mo$166.67$166.67
MI / mo$481.76$94.50
HOA / mo$50.00$50.00
Total monthly$5,330.14$3,799.91
Cash to close$0$52,500