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$432,651$369,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.400%
Blended rate7.340%7.640%
1st payment$2,860.11$2,554.88
2nd payment$0.00$0.00
Taxes / mo$666.33$666.33
Insurance / mo$150.00$150.00
MI / mo$320.85$73.80
HOA / mo$0.75$0.75
Total monthly$3,998.04$3,445.76
Cash to close$0$41,000