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$328,378$269,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$2,235.14$1,863.19
2nd payment$0.00$0.00
Taxes / mo$400.42$400.42
Insurance / mo$150.00$150.00
MI / mo$154.09$53.82
HOA / mo$138.00$138.00
Total monthly$3,077.64$2,605.43
Cash to close$0$29,900