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$342,095$310,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.320%
Blended rate6.150%7.560%
1st payment$2,028.32$2,132.92
2nd payment$0.00$0.00
Taxes / mo$114.17$114.17
Insurance / mo$150.00$150.00
MI / mo$258.73$62.10
HOA / mo$146.00$146.00
Total monthly$2,697.21$2,605.19
Cash to close$2,905$34,500