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$359,621$311,400
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.230%7.320%
Blended rate7.780%7.560%
1st payment$2,520.20$2,139.10
2nd payment$0.00$0.00
Taxes / mo$395.58$395.58
Insurance / mo$150.00$150.00
MI / mo$169.66$62.28
HOA / mo$23.92$23.92
Total monthly$3,259.36$2,770.89
Cash to close$0$34,600