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$326,244$297,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.400%
Blended rate6.630%7.640%
1st payment$2,018.75$2,056.37
2nd payment$0.00$0.00
Taxes / mo$141.67$141.67
Insurance / mo$150.00$150.00
MI / mo$153.01$59.40
HOA / mo$8.00$8.00
Total monthly$2,471.43$2,415.43
Cash to close$3,756$33,000