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$300,530$243,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$2,038.51$1,669.24
2nd payment$0.00$0.00
Taxes / mo$326.42$326.42
Insurance / mo$150.00$150.00
MI / mo$141.15$48.60
HOA / mo$51.33$51.33
Total monthly$2,707.41$2,245.59
Cash to close$0$27,000