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$315,650$315,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.320%
Blended rate7.340%7.560%
1st payment$2,110.22$2,163.83
2nd payment$0.00$0.00
Taxes / mo$357.56$357.56
Insurance / mo$150.00$150.00
MI / mo$148.51$63.00
HOA / mo$0.00$0.00
Total monthly$2,766.30$2,734.40
Cash to close$34,350$35,000