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$209,620$202,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.020%7.320%
Blended rate6.870%7.560%
1st payment$1,327.39$1,391.03
2nd payment$0.00$0.00
Taxes / mo$200.45$200.45
Insurance / mo$150.00$150.00
MI / mo$156.49$40.50
HOA / mo$0.00$0.00
Total monthly$1,834.33$1,781.99
Cash to close$15,380$22,500