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$307,061$300,600
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.320%
Blended rate7.410%7.560%
1st payment$2,060.61$2,064.91
2nd payment$0.00$0.00
Taxes / mo$200.58$200.58
Insurance / mo$150.00$150.00
MI / mo$143.99$60.12
HOA / mo$2.58$2.58
Total monthly$2,557.76$2,478.20
Cash to close$26,939$33,400