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$243,060$197,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.400%
Blended rate7.020%7.640%
1st payment$1,566.29$1,364.68
2nd payment$0.00$0.00
Taxes / mo$256.42$256.42
Insurance / mo$150.00$150.00
MI / mo$113.93$39.42
HOA / mo$145.00$145.00
Total monthly$2,231.64$1,955.52
Cash to close$0$21,900