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$633,264$633,264$629,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$31,641$0
Funding fee$0$0$0
Note rate7.440%7.440%7.400%
Blended rate7.990%8.175%7.640%
1st payment$4,521.69$4,521.69$4,361.37
2nd payment$0.00$313.11$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$298.15$298.15$125.98
HOA / mo$99.00$99.00$99.00
Total monthly$5,668.75$5,981.86$5,336.27
Cash to close$66,636$34,995$69,990