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$310,817$234,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,044.60$1,620.17
2nd payment$0.00$0.00
Taxes / mo$385.42$385.42
Insurance / mo$150.00$150.00
MI / mo$148.26$46.80
HOA / mo$58.33$58.33
Total monthly$2,786.61$2,260.72
Cash to close$0$26,000