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$207,762$192,555
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.020%7.320%
Blended rate6.870%7.560%
1st payment$1,315.63$1,322.72
2nd payment$0.00$0.00
Taxes / mo$402.33$402.33
Insurance / mo$150.00$150.00
MI / mo$155.10$38.51
HOA / mo$0.00$0.00
Total monthly$2,023.06$1,913.56
Cash to close$6,188$21,395