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$681,719$681,719$719,100
Remaining term (yrs)26.126.130.0
Secondary amount$0$37,381$0
Funding fee$0$0$0
Note rate6.950%6.950%7.320%
Blended rate7.800%7.862%7.560%
1st payment$4,712.51$4,712.51$4,939.72
2nd payment$0.00$280.36$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$504.27$504.27$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,099.29$6,379.65$5,966.04
Cash to close$117,281$79,900$79,900