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$357,697$310,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.320%
Blended rate7.210%7.560%
1st payment$2,366.13$2,132.92
2nd payment$0.00$0.00
Taxes / mo$722.42$722.42
Insurance / mo$150.00$150.00
MI / mo$168.76$62.10
HOA / mo$17.50$17.50
Total monthly$3,424.81$3,084.94
Cash to close$0$34,500