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$284,762$251,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.320%
Blended rate7.190%7.560%
1st payment$1,870.17$1,730.45
2nd payment$0.00$0.00
Taxes / mo$176.75$176.75
Insurance / mo$150.00$150.00
MI / mo$133.66$50.38
HOA / mo$40.00$40.00
Total monthly$2,370.58$2,147.58
Cash to close$0$27,990