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$358,754$357,750
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.790%7.400%
Blended rate8.340%7.640%
1st payment$2,648.07$2,476.99
2nd payment$0.00$0.00
Taxes / mo$172.50$172.50
Insurance / mo$150.00$150.00
MI / mo$168.76$71.55
HOA / mo$25.00$25.00
Total monthly$3,164.33$2,896.04
Cash to close$38,746$39,750