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$240,345$220,500
Remaining term (yrs)29.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$1,520.52$1,514.68
2nd payment$0.00$0.00
Taxes / mo$204.17$204.17
Insurance / mo$150.00$150.00
MI / mo$110.26$44.10
HOA / mo$0.00$0.00
Total monthly$1,984.94$1,912.95
Cash to close$4,655$24,500