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$249,690$193,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.190%7.400%
Blended rate7.740%7.640%
1st payment$1,744.95$1,339.75
2nd payment$0.00$0.00
Taxes / mo$130.25$130.25
Insurance / mo$150.00$150.00
MI / mo$117.94$38.70
HOA / mo$505.00$505.00
Total monthly$2,648.14$2,163.70
Cash to close$0$21,500