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$291,391$270,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.480%7.320%
Blended rate7.030%7.560%
1st payment$1,919.85$1,854.71
2nd payment$0.00$0.00
Taxes / mo$369.50$369.50
Insurance / mo$150.00$150.00
MI / mo$139.50$54.00
HOA / mo$350.00$350.00
Total monthly$2,928.85$2,778.21
Cash to close$8,609$30,000