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$236,323$224,910
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.580%7.400%
Blended rate7.130%7.640%
1st payment$1,520.05$1,557.23
2nd payment$0.00$0.00
Taxes / mo$98.92$98.92
Insurance / mo$150.00$150.00
MI / mo$109.31$44.98
HOA / mo$0.00$0.00
Total monthly$1,878.27$1,851.13
Cash to close$13,577$24,990