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$513,061$427,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$3,409.97$2,959.92
2nd payment$0.00$0.00
Taxes / mo$395.83$395.83
Insurance / mo$166.67$166.67
MI / mo$238.52$85.50
HOA / mo$0.00$0.00
Total monthly$4,210.99$3,607.92
Cash to close$0$47,500