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$278,856$274,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$1,865.83$1,885.01
2nd payment$0.00$0.00
Taxes / mo$272.76$272.76
Insurance / mo$150.00$150.00
MI / mo$130.51$54.88
HOA / mo$19.42$19.42
Total monthly$2,438.52$2,382.07
Cash to close$26,044$30,490