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$379,599$360,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.280%7.400%
Blended rate6.830%7.640%
1st payment$2,447.08$2,492.57
2nd payment$0.00$0.00
Taxes / mo$423.83$423.83
Insurance / mo$150.00$150.00
MI / mo$181.58$72.00
HOA / mo$150.00$150.00
Total monthly$3,352.50$3,288.40
Cash to close$20,401$40,000