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$232,661$231,300
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$1,569.89$1,601.47
2nd payment$0.00$0.00
Taxes / mo$214.17$214.17
Insurance / mo$150.00$150.00
MI / mo$110.26$46.26
HOA / mo$6.67$6.67
Total monthly$2,050.98$2,018.57
Cash to close$24,339$25,700