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$238,201$247,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.320%
Blended rate7.750%7.560%
1st payment$1,666.23$1,700.15
2nd payment$0.00$0.00
Taxes / mo$228.68$228.68
Insurance / mo$150.00$150.00
MI / mo$112.51$49.50
HOA / mo$130.00$130.00
Total monthly$2,287.42$2,258.34
Cash to close$36,799$27,500