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$362,166$350,991
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$2,345.13$2,430.19
2nd payment$0.00$0.00
Taxes / mo$289.67$289.67
Insurance / mo$150.00$150.00
MI / mo$172.74$70.20
HOA / mo$178.00$178.00
Total monthly$3,135.53$3,118.06
Cash to close$27,824$38,999