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$870,724$870,724$858,870
Remaining term (yrs)28.828.830.0
Secondary amount$0$35,861$0
Funding fee$0$0$0
Note rate6.840%6.840%7.400%
Blended rate7.390%7.567%7.640%
1st payment$5,765.30$5,765.30$5,946.64
2nd payment$0.00$354.87$0.00
Taxes / mo$795.25$795.25$795.25
Insurance / mo$216.67$216.67$216.67
MI / mo$403.68$403.68$171.77
HOA / mo$330.00$330.00$330.00
Total monthly$7,510.90$7,865.77$7,460.33
Cash to close$83,576$47,715$95,430