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$381,985$359,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$2,565.91$2,466.77
2nd payment$0.00$0.00
Taxes / mo$422.58$422.58
Insurance / mo$150.00$150.00
MI / mo$179.11$71.82
HOA / mo$82.00$82.00
Total monthly$3,399.61$3,193.17
Cash to close$17,015$39,900