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$609,918$609,918$610,200
Remaining term (yrs)27.527.530.0
Secondary amount$0$34,182$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.450%7.685%7.640%
1st payment$4,121.27$4,121.27$4,224.90
2nd payment$0.00$338.26$0.00
Taxes / mo$565.00$565.00$565.00
Insurance / mo$166.67$166.67$166.67
MI / mo$286.81$286.81$122.04
HOA / mo$46.00$46.00$46.00
Total monthly$5,185.74$5,524.00$5,124.61
Cash to close$68,082$33,900$67,800