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$496,842$496,842$494,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$25,563$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.552%7.640%
1st payment$3,321.74$3,321.74$3,426.66
2nd payment$0.00$252.97$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$234.01$234.01$98.98
HOA / mo$120.00$120.00$120.00
Total monthly$4,300.67$4,553.64$4,270.56
Cash to close$53,058$27,495$54,990