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$170,646$114,210
Remaining term (yrs)23.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$1,194.25$784.54
2nd payment$0.00$0.00
Taxes / mo$164.92$164.92
Insurance / mo$150.00$150.00
MI / mo$79.95$22.84
HOA / mo$0.00$0.00
Total monthly$1,589.12$1,122.30
Cash to close$0$12,690