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$159,598$160,110
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$1,076.33$1,108.57
2nd payment$0.00$0.00
Taxes / mo$168.33$168.33
Insurance / mo$150.00$150.00
MI / mo$75.06$32.02
HOA / mo$146.00$146.00
Total monthly$1,615.72$1,604.92
Cash to close$18,302$17,790