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$521,372$459,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$3,393.28$3,153.01
2nd payment$0.00$0.00
Taxes / mo$263.08$263.08
Insurance / mo$166.67$166.67
MI / mo$242.76$91.80
HOA / mo$0.00$0.00
Total monthly$4,065.79$3,674.56
Cash to close$0$51,000