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$3,147,558$2,430,000
Remaining term (yrs)9.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.320%7.320%
Blended rate3.170%7.560%
1st payment$31,535.05$16,692.41
2nd payment$0.00$0.00
Taxes / mo$573.92$573.92
Insurance / mo$216.67$216.67
MI / mo$3,392.93$486.00
HOA / mo$145.00$145.00
Total monthly$35,863.57$18,114.00
Cash to close$0$270,000