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$311,639$297,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,054.80$2,056.37
2nd payment$0.00$0.00
Taxes / mo$453.58$453.58
Insurance / mo$150.00$150.00
MI / mo$149.00$59.40
HOA / mo$19.83$19.83
Total monthly$2,827.21$2,739.18
Cash to close$18,361$33,000