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$349,452$333,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.320%
Blended rate7.260%7.560%
1st payment$2,343.08$2,287.48
2nd payment$0.00$0.00
Taxes / mo$472.75$472.75
Insurance / mo$150.00$150.00
MI / mo$166.25$66.60
HOA / mo$121.00$121.00
Total monthly$3,253.08$3,097.83
Cash to close$20,548$37,000