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$260,556$234,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.400%
Blended rate7.410%7.640%
1st payment$1,748.53$1,620.17
2nd payment$0.00$0.00
Taxes / mo$404.33$404.33
Insurance / mo$150.00$150.00
MI / mo$122.18$46.80
HOA / mo$529.00$529.00
Total monthly$2,954.04$2,750.30
Cash to close$0$26,000