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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$455,012$455,012$475,200
Remaining term (yrs)27.027.030.0
Secondary amount$0$46,588$0
Funding fee$0$0$0
Note rate7.290%7.290%7.400%
Blended rate7.840%8.215%7.640%
1st payment$3,209.84$3,209.84$3,290.19
2nd payment$0.00$461.03$0.00
Taxes / mo$142.42$142.42$142.42
Insurance / mo$166.67$166.67$166.67
MI / mo$214.80$214.80$95.04
HOA / mo$120.00$120.00$120.00
Total monthly$3,853.73$4,314.76$3,814.31
Cash to close$72,988$26,400$52,800