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$458,352$394,200
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.320%
Blended rate6.640%7.560%
1st payment$2,907.43$2,707.88
2nd payment$0.00$0.00
Taxes / mo$647.56$647.56
Insurance / mo$150.00$150.00
MI / mo$220.13$78.84
HOA / mo$107.00$107.00
Total monthly$4,032.13$3,691.28
Cash to close$0$43,800