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$298,441$260,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.080%7.320%
Blended rate7.930%7.560%
1st payment$2,088.14$1,786.71
2nd payment$0.00$0.00
Taxes / mo$333.33$333.33
Insurance / mo$150.00$150.00
MI / mo$220.54$52.02
HOA / mo$129.00$129.00
Total monthly$2,921.00$2,451.05
Cash to close$0$28,900