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$302,655$296,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.240%
Blended rate7.730%7.480%
1st payment$2,115.22$2,023.44
2nd payment$0.00$0.00
Taxes / mo$163.08$163.08
Insurance / mo$150.00$150.00
MI / mo$143.11$59.38
HOA / mo$0.00$0.00
Total monthly$2,571.42$2,395.90
Cash to close$27,245$32,990