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$193,808$167,400
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$1,292.03$1,159.04
2nd payment$0.00$0.00
Taxes / mo$255.75$255.75
Insurance / mo$150.00$150.00
MI / mo$90.01$33.48
HOA / mo$13.00$13.00
Total monthly$1,800.78$1,611.27
Cash to close$0$18,600