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$289,173$180,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$1,912.95$1,246.28
2nd payment$0.00$0.00
Taxes / mo$361.83$361.83
Insurance / mo$150.00$150.00
MI / mo$137.71$36.00
HOA / mo$0.00$0.00
Total monthly$2,562.49$1,794.12
Cash to close$0$20,000