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$236,317$230,400
Remaining term (yrs)22.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.190%7.400%
Blended rate6.740%7.640%
1st payment$1,610.20$1,595.24
2nd payment$0.00$0.00
Taxes / mo$363.28$363.28
Insurance / mo$150.00$150.00
MI / mo$112.51$46.08
HOA / mo$0.00$0.00
Total monthly$2,235.99$2,154.60
Cash to close$19,683$25,600