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$191,084$108,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.320%
Blended rate7.440%7.560%
1st payment$1,278.64$741.89
2nd payment$0.00$0.00
Taxes / mo$19.08$19.08
Insurance / mo$150.00$150.00
MI / mo$89.07$21.60
HOA / mo$0.00$0.00
Total monthly$1,536.79$932.57
Cash to close$0$12,000