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$397,683$319,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.020%7.240%
Blended rate6.870%7.480%
1st payment$2,524.94$2,177.39
2nd payment$0.00$0.00
Taxes / mo$336.00$336.00
Insurance / mo$150.00$150.00
MI / mo$297.67$63.90
HOA / mo$381.00$381.00
Total monthly$3,689.61$3,108.29
Cash to close$0$35,500