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$254,659$243,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$1,634.39$1,682.48
2nd payment$0.00$0.00
Taxes / mo$394.00$394.00
Insurance / mo$150.00$150.00
MI / mo$119.26$48.60
HOA / mo$50.00$50.00
Total monthly$2,347.65$2,325.08
Cash to close$15,341$27,000