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$242,356$225,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.080%7.400%
Blended rate7.930%7.640%
1st payment$1,695.72$1,557.85
2nd payment$0.00$0.00
Taxes / mo$98.00$98.00
Insurance / mo$150.00$150.00
MI / mo$179.09$45.00
HOA / mo$0.00$0.00
Total monthly$2,122.82$1,850.85
Cash to close$7,644$25,000