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$207,579$191,610
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.910%7.400%
Blended rate7.460%7.640%
1st payment$1,391.75$1,326.67
2nd payment$0.00$0.00
Taxes / mo$8.08$8.08
Insurance / mo$150.00$150.00
MI / mo$96.76$38.32
HOA / mo$0.00$0.00
Total monthly$1,646.59$1,523.07
Cash to close$5,321$21,290