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$157,336$162,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.400%
Blended rate7.770%7.640%
1st payment$1,095.23$1,121.66
2nd payment$0.00$0.00
Taxes / mo$52.17$52.17
Insurance / mo$150.00$150.00
MI / mo$73.80$32.40
HOA / mo$0.00$0.00
Total monthly$1,371.20$1,356.22
Cash to close$22,664$18,000