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$434,558$346,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.690%7.400%
Blended rate4.540%7.640%
1st payment$2,189.24$2,399.10
2nd payment$0.00$0.00
Taxes / mo$172.33$172.33
Insurance / mo$150.00$150.00
MI / mo$337.32$69.30
HOA / mo$0.00$0.00
Total monthly$2,848.90$2,790.73
Cash to close$0$38,500