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$239,015$225,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.450%7.560%
1st payment$1,616.67$1,545.59
2nd payment$0.00$0.00
Taxes / mo$275.92$275.92
Insurance / mo$150.00$150.00
MI / mo$112.51$45.00
HOA / mo$0.00$0.00
Total monthly$2,155.10$2,016.51
Cash to close$10,985$25,000