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$367,032$288,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.090%7.320%
Blended rate7.640%7.560%
1st payment$2,543.47$1,978.36
2nd payment$0.00$0.00
Taxes / mo$594.67$594.67
Insurance / mo$150.00$150.00
MI / mo$173.64$57.60
HOA / mo$12.50$12.50
Total monthly$3,474.28$2,793.13
Cash to close$0$32,000