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$220,130$209,700
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.320%
Blended rate7.320%7.560%
1st payment$1,461.38$1,440.49
2nd payment$0.00$0.00
Taxes / mo$332.58$332.58
Insurance / mo$150.00$150.00
MI / mo$103.06$41.94
HOA / mo$0.00$0.00
Total monthly$2,047.02$1,965.02
Cash to close$12,870$23,300