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$308,499$297,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$2,011.85$2,040.18
2nd payment$0.00$0.00
Taxes / mo$210.50$210.50
Insurance / mo$150.00$150.00
MI / mo$143.64$59.40
HOA / mo$0.00$0.00
Total monthly$2,515.99$2,460.08
Cash to close$21,501$33,000