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$378,118$367,200
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.400%
Blended rate8.310%7.640%
1st payment$2,783.36$2,542.42
2nd payment$0.00$0.00
Taxes / mo$116.16$116.16
Insurance / mo$150.00$150.00
MI / mo$177.90$73.44
HOA / mo$94.00$94.00
Total monthly$3,321.42$2,976.02
Cash to close$29,882$40,800