Dan Frey Home Loans
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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$304,526$288,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$2,039.73$1,994.05
2nd payment$0.00$0.00
Taxes / mo$266.67$266.67
Insurance / mo$150.00$150.00
MI / mo$143.11$57.60
HOA / mo$375.00$375.00
Total monthly$2,974.51$2,843.32
Cash to close$15,474$32,000