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$318,257$292,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$2,101.13$2,025.21
2nd payment$0.00$0.00
Taxes / mo$454.21$454.21
Insurance / mo$150.00$150.00
MI / mo$150.17$58.50
HOA / mo$193.33$193.33
Total monthly$3,048.83$2,881.25
Cash to close$6,743$32,500