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$186,262$180,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.400%
Blended rate8.310%7.640%
1st payment$1,372.31$1,246.28
2nd payment$0.00$0.00
Taxes / mo$156.33$156.33
Insurance / mo$150.00$150.00
MI / mo$87.71$36.00
HOA / mo$0.00$0.00
Total monthly$1,766.36$1,588.62
Cash to close$13,738$20,000