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$242,749$250,200
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.700%7.400%
Blended rate7.550%7.640%
1st payment$1,665.25$1,732.33
2nd payment$0.00$0.00
Taxes / mo$184.83$184.83
Insurance / mo$150.00$150.00
MI / mo$180.83$50.04
HOA / mo$0.00$0.00
Total monthly$2,180.91$2,117.21
Cash to close$35,251$27,800