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$320,699$268,110
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.250%7.400%
Blended rate6.100%7.640%
1st payment$1,897.70$1,856.34
2nd payment$0.00$0.00
Taxes / mo$373.50$373.50
Insurance / mo$150.00$150.00
MI / mo$243.43$53.62
HOA / mo$58.00$58.00
Total monthly$2,722.63$2,491.46
Cash to close$0$29,790