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$395,738$350,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$2,718.55$2,429.63
2nd payment$0.00$0.00
Taxes / mo$373.25$373.25
Insurance / mo$150.00$150.00
MI / mo$186.72$70.18
HOA / mo$30.00$30.00
Total monthly$3,458.52$3,053.06
Cash to close$0$38,990