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$279,579$265,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.490%7.640%
1st payment$1,892.70$1,838.27
2nd payment$0.00$0.00
Taxes / mo$364.92$364.92
Insurance / mo$150.00$150.00
MI / mo$131.18$53.10
HOA / mo$0.00$0.00
Total monthly$2,538.80$2,406.29
Cash to close$15,421$29,500