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$331,924$331,924$340,200
Remaining term (yrs)22.622.630.0
Secondary amount$0$27,176$0
Funding fee$0$0$0
Note rate6.180%6.180%7.400%
Blended rate6.730%7.119%7.640%
1st payment$2,267.18$2,267.18$2,355.48
2nd payment$0.00$268.93$0.00
Taxes / mo$179.25$179.25$179.25
Insurance / mo$150.00$150.00$150.00
MI / mo$158.56$158.56$68.04
HOA / mo$0.00$0.00$0.00
Total monthly$2,754.99$3,023.92$2,752.77
Cash to close$46,076$18,900$37,800