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$254,614$224,999
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$1,738.75$1,557.85
2nd payment$0.00$0.00
Taxes / mo$228.92$228.92
Insurance / mo$150.00$150.00
MI / mo$119.42$45.00
HOA / mo$110.00$110.00
Total monthly$2,347.09$2,091.76
Cash to close$0$25,000