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$594,803$521,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.100%7.400%
Blended rate7.650%7.640%
1st payment$4,093.27$3,613.60
2nd payment$0.00$0.00
Taxes / mo$483.25$483.25
Insurance / mo$166.67$166.67
MI / mo$279.17$104.38
HOA / mo$197.00$197.00
Total monthly$5,219.35$4,564.90
Cash to close$0$57,990