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$390,778$346,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.400%
Blended rate6.150%7.640%
1st payment$2,313.48$2,399.10
2nd payment$0.00$0.00
Taxes / mo$418.25$418.25
Insurance / mo$150.00$150.00
MI / mo$295.10$69.30
HOA / mo$70.00$70.00
Total monthly$3,246.83$3,106.65
Cash to close$0$38,500