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$373,732$341,100
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$2,477.05$2,361.71
2nd payment$0.00$0.00
Taxes / mo$272.33$272.33
Insurance / mo$150.00$150.00
MI / mo$173.26$68.22
HOA / mo$0.00$0.00
Total monthly$3,072.64$2,852.25
Cash to close$5,268$37,900