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$275,490$270,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.320%
Blended rate7.430%7.560%
1st payment$1,859.79$1,854.71
2nd payment$0.00$0.00
Taxes / mo$251.42$251.42
Insurance / mo$150.00$150.00
MI / mo$129.69$54.00
HOA / mo$156.00$156.00
Total monthly$2,546.90$2,466.13
Cash to close$24,510$30,000