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$323,481$319,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.800%7.640%
1st payment$2,236.13$2,212.15
2nd payment$0.00$0.00
Taxes / mo$475.75$475.75
Insurance / mo$150.00$150.00
MI / mo$239.28$63.90
HOA / mo$32.08$32.08
Total monthly$3,133.24$2,933.88
Cash to close$31,519$35,500