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$458,605$441,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.320%
Blended rate7.290%7.560%
1st payment$3,054.18$3,029.36
2nd payment$0.00$0.00
Taxes / mo$248.88$248.88
Insurance / mo$166.67$166.67
MI / mo$216.05$88.20
HOA / mo$189.00$189.00
Total monthly$3,874.77$3,722.11
Cash to close$31,395$49,000