Dan Frey Home Loans
Call Dan

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$522,741$522,741$530,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$36,809$0
Funding fee$0$0$0
Note rate7.170%7.170%7.400%
Blended rate7.720%7.993%7.640%
1st payment$3,621.52$3,621.52$3,670.31
2nd payment$0.00$364.26$0.00
Taxes / mo$490.83$490.83$490.83
Insurance / mo$166.67$166.67$166.67
MI / mo$245.27$245.27$106.02
HOA / mo$0.00$0.00$0.00
Total monthly$4,524.29$4,888.55$4,433.83
Cash to close$66,259$29,450$58,900