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$323,051$297,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.320%
Blended rate6.670%7.560%
1st payment$2,009.42$2,040.18
2nd payment$0.00$0.00
Taxes / mo$660.33$660.33
Insurance / mo$150.00$150.00
MI / mo$151.66$59.40
HOA / mo$50.00$50.00
Total monthly$3,021.41$2,959.92
Cash to close$6,949$33,000