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$367,373$323,910
Remaining term (yrs)29.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.400%
Blended rate7.040%7.640%
1st payment$2,321.73$2,242.69
2nd payment$0.00$0.00
Taxes / mo$216.58$216.58
Insurance / mo$150.00$150.00
MI / mo$168.53$64.78
HOA / mo$75.00$75.00
Total monthly$2,931.85$2,749.05
Cash to close$0$35,990