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$720,652$720,652$711,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$29,848$0
Funding fee$0$0$0
Note rate6.820%6.820%7.320%
Blended rate7.370%7.549%7.560%
1st payment$4,826.98$4,826.98$4,884.08
2nd payment$0.00$295.37$0.00
Taxes / mo$541.92$541.92$541.92
Insurance / mo$216.67$216.67$216.67
MI / mo$338.67$338.67$142.20
HOA / mo$57.67$57.67$57.67
Total monthly$5,981.89$6,277.27$5,842.53
Cash to close$69,348$39,500$79,000