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$362,652$319,410
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,469.77$2,211.53
2nd payment$0.00$0.00
Taxes / mo$464.17$464.17
Insurance / mo$150.00$150.00
MI / mo$171.01$63.88
HOA / mo$71.00$71.00
Total monthly$3,325.95$2,960.58
Cash to close$0$35,490