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$196,843$184,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.130%7.400%
Blended rate6.680%7.640%
1st payment$1,253.54$1,277.44
2nd payment$0.00$0.00
Taxes / mo$97.25$97.25
Insurance / mo$150.00$150.00
MI / mo$94.51$36.90
HOA / mo$0.00$0.00
Total monthly$1,595.29$1,561.59
Cash to close$8,157$20,500