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$276,624$251,910
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$1,826.13$1,744.17
2nd payment$0.00$0.00
Taxes / mo$374.33$374.33
Insurance / mo$150.00$150.00
MI / mo$128.25$50.38
HOA / mo$271.00$271.00
Total monthly$2,749.71$2,589.89
Cash to close$3,276$27,990