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$364,834$337,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,469.84$2,336.78
2nd payment$0.00$0.00
Taxes / mo$143.75$143.75
Insurance / mo$150.00$150.00
MI / mo$171.01$67.50
HOA / mo$15.00$15.00
Total monthly$2,949.60$2,713.03
Cash to close$10,166$37,500