Dan Frey Home Loans
Call Dan

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$326,898$256,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.320%
Blended rate7.990%7.560%
1st payment$2,334.15$1,761.98
2nd payment$0.00$0.00
Taxes / mo$122.08$122.08
Insurance / mo$150.00$150.00
MI / mo$153.91$51.30
HOA / mo$75.00$75.00
Total monthly$2,835.14$2,160.36
Cash to close$0$28,500