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$231,191$161,996
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.750%7.400%
Blended rate7.300%7.640%
1st payment$1,541.17$1,121.62
2nd payment$0.00$0.00
Taxes / mo$444.67$444.67
Insurance / mo$150.00$150.00
MI / mo$108.91$32.40
HOA / mo$0.00$0.00
Total monthly$2,244.75$1,748.69
Cash to close$0$18,000