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$325,894$301,500
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.400%
Blended rate7.570%7.640%
1st payment$2,225.54$2,087.53
2nd payment$0.00$0.00
Taxes / mo$33,037.58$33,037.58
Insurance / mo$150.00$150.00
MI / mo$153.01$60.30
HOA / mo$0.00$0.00
Total monthly$35,566.13$35,335.41
Cash to close$9,106$33,500