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$412,884$378,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.400%
Blended rate5.950%7.640%
1st payment$2,399.02$2,617.20
2nd payment$0.00$0.00
Taxes / mo$198.08$198.08
Insurance / mo$150.00$150.00
MI / mo$312.98$75.60
HOA / mo$0.00$0.00
Total monthly$3,060.08$3,040.88
Cash to close$7,116$42,000