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$283,974$261,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$1,898.57$1,807.11
2nd payment$0.00$0.00
Taxes / mo$295.21$295.21
Insurance / mo$150.00$150.00
MI / mo$133.75$52.20
HOA / mo$83.33$83.33
Total monthly$2,560.86$2,387.85
Cash to close$6,026$29,000