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$242,179$233,550
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$1,593.75$1,604.33
2nd payment$0.00$0.00
Taxes / mo$139.08$139.08
Insurance / mo$150.00$150.00
MI / mo$112.51$46.71
HOA / mo$0.00$0.00
Total monthly$1,995.34$1,940.12
Cash to close$17,321$25,950