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$435,155$435,155$439,200
Remaining term (yrs)26.926.930.0
Secondary amount$0$28,445$0
Funding fee$0$0$0
Note rate6.810%6.810%7.320%
Blended rate7.360%7.637%7.560%
1st payment$2,939.37$2,939.37$3,017.00
2nd payment$0.00$281.49$0.00
Taxes / mo$260.25$260.25$260.25
Insurance / mo$166.67$166.67$166.67
MI / mo$206.44$206.44$87.84
HOA / mo$0.00$0.00$0.00
Total monthly$3,572.73$3,854.22$3,531.76
Cash to close$52,845$24,400$48,800