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$152,269$108,000
Remaining term (yrs)16.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.250%7.320%
Blended rate5.100%7.560%
1st payment$1,063.85$741.89
2nd payment$0.00$0.00
Taxes / mo$43.92$43.92
Insurance / mo$150.00$150.00
MI / mo$139.10$21.60
HOA / mo$8.67$8.67
Total monthly$1,405.54$966.07
Cash to close$0$12,000