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$373,867$375,480
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,504.00$2,599.75
2nd payment$0.00$0.00
Taxes / mo$150.26$150.26
Insurance / mo$150.00$150.00
MI / mo$177.67$75.10
HOA / mo$43.75$43.75
Total monthly$3,025.68$3,018.85
Cash to close$43,333$41,720