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$288,331$265,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.320%
Blended rate7.280%7.560%
1st payment$1,941.28$1,823.80
2nd payment$0.00$0.00
Taxes / mo$251.25$251.25
Insurance / mo$150.00$150.00
MI / mo$137.46$53.10
HOA / mo$43.33$43.33
Total monthly$2,523.33$2,321.48
Cash to close$6,669$29,500