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$216,490$209,700
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.400%
Blended rate7.420%7.640%
1st payment$1,443.06$1,451.92
2nd payment$0.00$0.00
Taxes / mo$324.00$324.00
Insurance / mo$150.00$150.00
MI / mo$100.73$41.94
HOA / mo$0.00$0.00
Total monthly$2,017.80$1,967.86
Cash to close$16,510$23,300