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$325,766$283,500
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.170%7.400%
Blended rate7.720%7.640%
1st payment$2,256.89$1,962.90
2nd payment$0.00$0.00
Taxes / mo$478.17$478.17
Insurance / mo$150.00$150.00
MI / mo$152.85$56.70
HOA / mo$0.00$0.00
Total monthly$3,037.90$2,647.76
Cash to close$0$31,500