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$669,170$669,170$660,600
Remaining term (yrs)26.726.730.0
Secondary amount$0$28,130$0
Funding fee$0$0$0
Note rate6.430%6.430%7.320%
Blended rate6.980%7.177%7.560%
1st payment$4,367.01$4,367.01$4,537.86
2nd payment$0.00$278.37$0.00
Taxes / mo$611.67$611.67$611.67
Insurance / mo$216.67$216.67$216.67
MI / mo$318.99$318.99$132.12
HOA / mo$0.00$0.00$0.00
Total monthly$5,514.33$5,792.70$5,498.32
Cash to close$64,830$36,700$73,400