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$390,033$328,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$2,623.20$2,256.57
2nd payment$0.00$0.00
Taxes / mo$307.98$307.98
Insurance / mo$150.00$150.00
MI / mo$184.05$65.70
HOA / mo$358.00$358.00
Total monthly$3,623.23$3,138.25
Cash to close$0$36,500