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$180,564$153,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$1,216.55$1,051.00
2nd payment$0.00$0.00
Taxes / mo$141.67$141.67
Insurance / mo$150.00$150.00
MI / mo$84.92$30.60
HOA / mo$0.00$0.00
Total monthly$1,593.13$1,373.27
Cash to close$0$17,000