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$150,707$153,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$1,092.19$1,059.34
2nd payment$0.00$0.00
Taxes / mo$232.67$232.67
Insurance / mo$150.00$150.00
MI / mo$71.10$30.60
HOA / mo$0.00$0.00
Total monthly$1,545.96$1,472.61
Cash to close$19,293$17,000