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$462,534$405,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.400%
Blended rate7.280%7.640%
1st payment$3,114.17$2,804.14
2nd payment$0.00$0.00
Taxes / mo$375.00$375.00
Insurance / mo$150.00$150.00
MI / mo$220.52$81.00
HOA / mo$250.00$250.00
Total monthly$4,109.68$3,660.14
Cash to close$0$45,000