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$193,192$189,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$1,290.82$1,308.60
2nd payment$0.00$0.00
Taxes / mo$175.00$175.00
Insurance / mo$150.00$150.00
MI / mo$90.09$37.80
HOA / mo$0.00$0.00
Total monthly$1,705.91$1,671.40
Cash to close$16,808$21,000