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$262,555$252,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.400%
Blended rate7.770%7.640%
1st payment$1,836.44$1,744.80
2nd payment$0.00$0.00
Taxes / mo$335.67$335.67
Insurance / mo$150.00$150.00
MI / mo$123.75$50.40
HOA / mo$2.75$2.75
Total monthly$2,448.61$2,283.61
Cash to close$17,445$28,000