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$336,048$301,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.320%
Blended rate7.040%7.560%
1st payment$2,169.84$2,071.10
2nd payment$0.00$0.00
Taxes / mo$265.17$265.17
Insurance / mo$150.00$150.00
MI / mo$157.51$60.30
HOA / mo$222.00$222.00
Total monthly$2,964.52$2,768.56
Cash to close$0$33,500