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$308,638$315,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.310%7.320%
Blended rate7.160%7.560%
1st payment$2,007.72$2,163.83
2nd payment$0.00$0.00
Taxes / mo$124.92$124.92
Insurance / mo$150.00$150.00
MI / mo$229.52$63.00
HOA / mo$60.00$60.00
Total monthly$2,572.15$2,561.75
Cash to close$41,362$35,000