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$281,712$274,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.750%7.400%
Blended rate7.300%7.640%
1st payment$1,846.86$1,900.58
2nd payment$0.00$0.00
Taxes / mo$192.00$192.00
Insurance / mo$150.00$150.00
MI / mo$130.51$54.90
HOA / mo$0.00$0.00
Total monthly$2,319.37$2,297.48
Cash to close$23,288$30,500