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$619,860$619,860$612,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$26,140$0
Funding fee$0$0$0
Note rate7.120%7.120%7.320%
Blended rate7.670%7.840%7.560%
1st payment$4,303.37$4,303.37$4,204.02
2nd payment$0.00$258.67$0.00
Taxes / mo$566.67$566.67$566.67
Insurance / mo$166.67$166.67$166.67
MI / mo$292.91$292.91$122.40
HOA / mo$264.00$264.00$264.00
Total monthly$5,593.61$5,852.28$5,323.75
Cash to close$60,140$34,000$68,000