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$398,244$382,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$2,597.12$2,627.51
2nd payment$0.00$0.00
Taxes / mo$348.09$348.09
Insurance / mo$150.00$150.00
MI / mo$185.42$76.50
HOA / mo$236.00$236.00
Total monthly$3,516.63$3,438.10
Cash to close$26,756$42,500