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$398,808$279,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.870%7.400%
Blended rate6.420%7.640%
1st payment$2,414.92$1,931.74
2nd payment$0.00$0.00
Taxes / mo$510.75$510.75
Insurance / mo$150.00$150.00
MI / mo$187.21$55.80
HOA / mo$443.00$443.00
Total monthly$3,705.88$3,091.29
Cash to close$0$31,000