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$292,677$279,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$1,863.44$1,931.74
2nd payment$0.00$0.00
Taxes / mo$152.08$152.08
Insurance / mo$150.00$150.00
MI / mo$137.26$55.80
HOA / mo$0.00$0.00
Total monthly$2,302.78$2,289.62
Cash to close$17,323$31,000