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$298,076$288,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.400%
Blended rate6.630%7.640%
1st payment$1,851.09$1,994.05
2nd payment$0.00$0.00
Taxes / mo$196.08$196.08
Insurance / mo$150.00$150.00
MI / mo$223.95$57.60
HOA / mo$30.00$30.00
Total monthly$2,451.13$2,427.74
Cash to close$21,924$32,000