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$435,607$413,910
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.320%
Blended rate7.260%7.560%
1st payment$2,917.51$2,843.27
2nd payment$0.00$0.00
Taxes / mo$284.00$284.00
Insurance / mo$166.67$166.67
MI / mo$207.01$82.78
HOA / mo$550.00$550.00
Total monthly$4,125.19$3,926.72
Cash to close$24,293$45,990