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$326,419$237,600
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.400%
Blended rate7.020%7.640%
1st payment$2,103.46$1,645.09
2nd payment$0.00$0.00
Taxes / mo$267.92$267.92
Insurance / mo$150.00$150.00
MI / mo$153.01$47.52
HOA / mo$225.00$225.00
Total monthly$2,899.38$2,335.53
Cash to close$0$26,400