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$302,325$305,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$2,030.81$2,101.39
2nd payment$0.00$0.00
Taxes / mo$226.08$226.08
Insurance / mo$150.00$150.00
MI / mo$141.76$61.18
HOA / mo$0.00$0.00
Total monthly$2,548.65$2,538.65
Cash to close$37,575$33,990