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$569,395$569,395$580,499
Remaining term (yrs)22.922.930.0
Secondary amount$0$43,355$0
Funding fee$0$0$0
Note rate6.350%6.350%7.400%
Blended rate6.900%7.252%7.640%
1st payment$3,922.16$3,922.16$4,019.26
2nd payment$0.00$429.03$0.00
Taxes / mo$537.50$537.50$537.50
Insurance / mo$166.67$166.67$166.67
MI / mo$269.97$269.97$116.10
HOA / mo$270.00$270.00$270.00
Total monthly$5,166.30$5,595.33$5,109.52
Cash to close$75,604$32,250$64,500