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$323,384$301,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.070%7.400%
Blended rate7.620%7.640%
1st payment$2,236.77$2,087.53
2nd payment$0.00$0.00
Taxes / mo$124.67$124.67
Insurance / mo$150.00$150.00
MI / mo$153.01$60.30
HOA / mo$0.00$0.00
Total monthly$2,664.45$2,422.49
Cash to close$11,616$33,500