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$315,262$285,300
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.320%
Blended rate6.870%7.560%
1st payment$2,040.29$1,959.81
2nd payment$0.00$0.00
Taxes / mo$98.25$98.25
Insurance / mo$150.00$150.00
MI / mo$150.76$57.06
HOA / mo$110.00$110.00
Total monthly$2,549.30$2,375.12
Cash to close$1,738$31,700