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$414,010$368,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.320%
Blended rate7.730%7.560%
1st payment$2,893.47$2,528.59
2nd payment$0.00$0.00
Taxes / mo$420.42$420.42
Insurance / mo$150.00$150.00
MI / mo$195.76$73.62
HOA / mo$165.00$165.00
Total monthly$3,824.65$3,337.63
Cash to close$0$40,900