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$232,629$229,410
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$1,548.96$1,588.39
2nd payment$0.00$0.00
Taxes / mo$171.92$171.92
Insurance / mo$150.00$150.00
MI / mo$109.12$45.88
HOA / mo$150.00$150.00
Total monthly$2,130.00$2,106.19
Cash to close$22,271$25,490