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$351,318$287,910
Remaining term (yrs)22.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.320%
Blended rate7.580%7.560%
1st payment$2,574.67$1,977.74
2nd payment$0.00$0.00
Taxes / mo$524.50$524.50
Insurance / mo$150.00$150.00
MI / mo$166.51$57.58
HOA / mo$192.00$192.00
Total monthly$3,607.68$2,901.82
Cash to close$0$31,990