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$561,968$504,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$3,763.84$3,462.13
2nd payment$0.00$0.00
Taxes / mo$466.67$466.67
Insurance / mo$166.67$166.67
MI / mo$263.27$100.80
HOA / mo$0.00$0.00
Total monthly$4,660.44$4,196.26
Cash to close$0$56,000