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$305,754$265,500
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$2,018.43$1,838.27
2nd payment$0.00$0.00
Taxes / mo$296.08$296.08
Insurance / mo$150.00$150.00
MI / mo$141.76$53.10
HOA / mo$100.00$100.00
Total monthly$2,706.27$2,437.45
Cash to close$0$29,500