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$189,684$143,550
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.400%
Blended rate6.810%7.640%
1st payment$1,221.90$993.91
2nd payment$0.00$0.00
Taxes / mo$278.00$278.00
Insurance / mo$150.00$150.00
MI / mo$90.86$28.71
HOA / mo$150.00$150.00
Total monthly$1,890.76$1,600.62
Cash to close$0$15,950