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$231,059$224,910
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.040%7.400%
Blended rate7.590%7.640%
1st payment$1,567.58$1,557.23
2nd payment$0.00$0.00
Taxes / mo$79.17$79.17
Insurance / mo$150.00$150.00
MI / mo$107.56$44.98
HOA / mo$0.00$0.00
Total monthly$1,904.31$1,831.38
Cash to close$18,841$24,990