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$600,248$600,248$602,100
Remaining term (yrs)26.926.930.0
Secondary amount$0$35,302$0
Funding fee$0$0$0
Note rate7.070%7.070%7.320%
Blended rate7.620%7.856%7.560%
1st payment$4,151.77$4,151.77$4,136.01
2nd payment$0.00$349.34$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$284.01$284.01$120.42
HOA / mo$0.00$0.00$0.00
Total monthly$5,159.94$5,509.28$4,980.60
Cash to close$68,752$33,450$66,900