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$337,621$274,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.400%
Blended rate7.170%7.640%
1st payment$2,227.00$1,900.58
2nd payment$0.00$0.00
Taxes / mo$618.58$618.58
Insurance / mo$150.00$150.00
MI / mo$159.49$54.90
HOA / mo$16.67$16.67
Total monthly$3,171.75$2,740.74
Cash to close$0$30,500