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$248,615$204,300
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.000%7.400%
Blended rate5.850%7.640%
1st payment$1,432.18$1,414.53
2nd payment$0.00$0.00
Taxes / mo$331.17$331.17
Insurance / mo$150.00$150.00
MI / mo$188.97$40.86
HOA / mo$0.00$0.00
Total monthly$2,102.32$1,936.56
Cash to close$0$22,700