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$291,124$287,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.360%7.320%
Blended rate6.910%7.560%
1st payment$1,895.98$1,972.18
2nd payment$0.00$0.00
Taxes / mo$200.75$200.75
Insurance / mo$150.00$150.00
MI / mo$139.51$57.42
HOA / mo$0.00$0.00
Total monthly$2,386.24$2,380.35
Cash to close$27,876$31,900