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$247,929$234,000
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$1,654.08$1,620.17
2nd payment$0.00$0.00
Taxes / mo$461.11$461.11
Insurance / mo$150.00$150.00
MI / mo$115.70$46.80
HOA / mo$10.83$10.83
Total monthly$2,391.72$2,288.91
Cash to close$12,071$26,000