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$232,144$199,890
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.720%7.400%
Blended rate5.570%7.640%
1st payment$1,301.58$1,384.00
2nd payment$0.00$0.00
Taxes / mo$255.25$255.25
Insurance / mo$150.00$150.00
MI / mo$177.35$39.98
HOA / mo$0.00$0.00
Total monthly$1,884.19$1,829.23
Cash to close$0$22,210