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$294,266$261,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.320%
Blended rate7.280%7.560%
1st payment$1,947.81$1,792.89
2nd payment$0.00$0.00
Taxes / mo$377.75$377.75
Insurance / mo$150.00$150.00
MI / mo$137.93$52.20
HOA / mo$170.00$170.00
Total monthly$2,783.49$2,542.84
Cash to close$0$29,000