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$708,962$708,962$724,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$55,788$0
Funding fee$0$0$0
Note rate6.910%6.910%7.400%
Blended rate7.460%7.782%7.640%
1st payment$4,829.73$4,829.73$5,016.29
2nd payment$0.00$552.07$0.00
Taxes / mo$751.00$751.00$751.00
Insurance / mo$216.67$216.67$216.67
MI / mo$335.77$335.77$144.90
HOA / mo$79.33$79.33$79.33
Total monthly$6,212.50$6,764.57$6,208.19
Cash to close$96,038$40,250$80,500