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$284,845$269,550
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$1,951.78$1,866.31
2nd payment$0.00$0.00
Taxes / mo$174.08$174.08
Insurance / mo$150.00$150.00
MI / mo$135.00$53.91
HOA / mo$192.00$192.00
Total monthly$2,602.87$2,436.30
Cash to close$14,655$29,950