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$391,718$297,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.620%7.320%
Blended rate8.170%7.560%
1st payment$2,846.66$2,040.18
2nd payment$0.00$0.00
Taxes / mo$332.08$332.08
Insurance / mo$150.00$150.00
MI / mo$184.43$59.40
HOA / mo$75.00$75.00
Total monthly$3,588.17$2,656.67
Cash to close$0$33,000