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$250,210$233,100
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$1,620.33$1,613.94
2nd payment$0.00$0.00
Taxes / mo$215.83$215.83
Insurance / mo$150.00$150.00
MI / mo$117.01$46.62
HOA / mo$0.00$0.00
Total monthly$2,103.17$2,026.39
Cash to close$8,790$25,900