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$378,824$333,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.750%7.400%
Blended rate6.300%7.640%
1st payment$2,244.57$2,305.62
2nd payment$0.00$0.00
Taxes / mo$490.33$490.33
Insurance / mo$150.00$150.00
MI / mo$176.29$66.60
HOA / mo$28.00$28.00
Total monthly$3,089.19$3,040.56
Cash to close$0$37,000