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$285,803$225,000
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$2,076.96$1,545.59
2nd payment$0.00$0.00
Taxes / mo$329.81$329.81
Insurance / mo$150.00$150.00
MI / mo$134.56$45.00
HOA / mo$71.50$71.50
Total monthly$2,762.82$2,141.90
Cash to close$0$25,000