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$246,609$238,410
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,626.02$1,650.70
2nd payment$0.00$0.00
Taxes / mo$132.67$132.67
Insurance / mo$150.00$150.00
MI / mo$117.91$47.68
HOA / mo$0.00$0.00
Total monthly$2,026.60$1,981.05
Cash to close$18,291$26,490