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$235,963$215,910
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.310%7.400%
Blended rate7.860%7.640%
1st payment$1,667.70$1,494.92
2nd payment$0.00$0.00
Taxes / mo$212.17$212.17
Insurance / mo$150.00$150.00
MI / mo$111.38$43.18
HOA / mo$315.00$315.00
Total monthly$2,456.25$2,215.27
Cash to close$3,937$23,990