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$407,377$296,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.320%
Blended rate7.330%7.560%
1st payment$2,715.26$2,034.00
2nd payment$0.00$0.00
Taxes / mo$53.42$53.42
Insurance / mo$150.00$150.00
MI / mo$191.29$59.22
HOA / mo$120.00$120.00
Total monthly$3,229.96$2,416.64
Cash to close$0$32,900