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$409,144$404,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.400%
Blended rate7.170%7.640%
1st payment$2,695.89$2,803.52
2nd payment$0.00$0.00
Taxes / mo$252.22$252.22
Insurance / mo$150.00$150.00
MI / mo$193.07$80.98
HOA / mo$0.00$0.00
Total monthly$3,291.17$3,286.71
Cash to close$40,756$44,990