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$600,409$600,409$593,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$25,641$0
Funding fee$0$0$0
Note rate7.060%7.060%7.400%
Blended rate7.610%7.785%7.640%
1st payment$4,112.04$4,112.04$4,106.50
2nd payment$0.00$253.73$0.00
Taxes / mo$549.17$549.17$549.17
Insurance / mo$166.67$166.67$166.67
MI / mo$281.58$281.58$118.62
HOA / mo$485.00$485.00$485.00
Total monthly$5,594.45$5,848.19$5,425.96
Cash to close$58,591$32,950$65,900