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$151,239$151,239$324,000
Remaining term (yrs)2.72.730.0
Secondary amount$0$172,761$0
Funding fee$0$0$0
Note rate6.310%6.310%7.320%
Blended rate6.860%7.468%7.560%
1st payment$4,869.32$4,869.32$2,225.66
2nd payment$0.00$1,151.74$0.00
Taxes / mo$126.83$126.83$126.83
Insurance / mo$150.00$150.00$150.00
MI / mo$114.58$114.58$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$5,260.74$6,412.48$2,567.29
Cash to close$208,761$36,000$36,000