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$302,372$251,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$1,963.31$1,724.88
2nd payment$0.00$0.00
Taxes / mo$366.92$366.92
Insurance / mo$150.00$150.00
MI / mo$144.01$50.22
HOA / mo$0.00$0.00
Total monthly$2,624.23$2,292.02
Cash to close$0$27,900