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$598,074$450,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.320%
Blended rate7.430%7.560%
1st payment$4,033.42$3,091.19
2nd payment$0.00$0.00
Taxes / mo$580.92$580.92
Insurance / mo$166.67$166.67
MI / mo$281.26$90.00
HOA / mo$60.00$60.00
Total monthly$5,122.27$3,988.77
Cash to close$0$50,000