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$244,670$232,200
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.230%7.400%
Blended rate7.780%7.640%
1st payment$1,718.02$1,607.71
2nd payment$0.00$0.00
Taxes / mo$8,877.67$8,877.67
Insurance / mo$150.00$150.00
MI / mo$115.66$46.44
HOA / mo$125.00$125.00
Total monthly$10,986.34$10,806.81
Cash to close$13,330$25,800