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$495,998$405,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$3,154.59$2,804.14
2nd payment$0.00$0.00
Taxes / mo$612.51$612.51
Insurance / mo$150.00$150.00
MI / mo$232.36$81.00
HOA / mo$83.33$83.33
Total monthly$4,232.79$3,730.98
Cash to close$0$45,000