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$424,299$418,500
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.400%
Blended rate7.310%7.640%
1st payment$2,792.26$2,897.61
2nd payment$0.00$0.00
Taxes / mo$142.58$142.58
Insurance / mo$166.67$166.67
MI / mo$197.11$83.70
HOA / mo$0.00$0.00
Total monthly$3,298.62$3,290.56
Cash to close$40,701$46,500