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$249,628$157,500
Remaining term (yrs)19.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.610%7.400%
Blended rate4.460%7.640%
1st payment$1,474.53$1,090.50
2nd payment$0.00$0.00
Taxes / mo$59.17$59.17
Insurance / mo$150.00$150.00
MI / mo$229.45$31.50
HOA / mo$5.00$5.00
Total monthly$1,918.14$1,336.16
Cash to close$0$17,500