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$309,209$305,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.400%
Blended rate7.670%7.640%
1st payment$2,148.85$2,118.06
2nd payment$0.00$0.00
Taxes / mo$29.75$29.75
Insurance / mo$150.00$150.00
MI / mo$146.26$61.18
HOA / mo$0.00$0.00
Total monthly$2,474.86$2,358.99
Cash to close$30,691$33,990