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$436,829$436,829$441,000
Remaining term (yrs)27.127.130.0
Secondary amount$0$28,671$0
Funding fee$0$0$0
Note rate7.620%7.620%7.320%
Blended rate8.170%8.398%7.560%
1st payment$3,174.48$3,174.48$3,029.36
2nd payment$0.00$283.73$0.00
Taxes / mo$189.42$189.42$189.42
Insurance / mo$166.67$166.67$166.67
MI / mo$205.66$205.66$88.20
HOA / mo$636.00$636.00$636.00
Total monthly$4,372.23$4,655.96$4,109.65
Cash to close$53,171$24,500$49,000