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$355,917$332,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,295.66$2,305.00
2nd payment$0.00$0.00
Taxes / mo$263.67$263.67
Insurance / mo$150.00$150.00
MI / mo$166.47$66.58
HOA / mo$270.00$270.00
Total monthly$3,145.80$3,055.25
Cash to close$13,983$36,990