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$267,894$224,910
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.400%
Blended rate7.770%7.640%
1st payment$1,846.69$1,557.23
2nd payment$0.00$0.00
Taxes / mo$527.33$527.33
Insurance / mo$150.00$150.00
MI / mo$198.21$44.98
HOA / mo$270.00$270.00
Total monthly$2,992.23$2,549.55
Cash to close$0$24,990