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$406,697$337,500
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$2,742.77$2,336.78
2nd payment$0.00$0.00
Taxes / mo$367.25$367.25
Insurance / mo$150.00$150.00
MI / mo$191.26$67.50
HOA / mo$109.00$109.00
Total monthly$3,560.28$3,030.53
Cash to close$0$37,500