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$365,945$341,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$2,504.87$2,367.32
2nd payment$0.00$0.00
Taxes / mo$316.58$316.58
Insurance / mo$150.00$150.00
MI / mo$173.26$68.38
HOA / mo$323.00$323.00
Total monthly$3,467.71$3,225.28
Cash to close$13,955$37,990