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$290,770$283,499
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$1,943.85$1,962.89
2nd payment$0.00$0.00
Taxes / mo$219.92$219.92
Insurance / mo$150.00$150.00
MI / mo$135.41$56.70
HOA / mo$263.00$263.00
Total monthly$2,712.18$2,652.51
Cash to close$24,229$31,500