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$307,662$233,100
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$2,227.58$1,613.94
2nd payment$0.00$0.00
Taxes / mo$545.33$545.33
Insurance / mo$150.00$150.00
MI / mo$145.02$46.62
HOA / mo$17.67$17.67
Total monthly$3,085.61$2,373.56
Cash to close$0$25,900