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$471,477$471,477$471,600
Remaining term (yrs)27.627.630.0
Secondary amount$0$26,323$0
Funding fee$0$0$0
Note rate6.990%6.990%7.400%
Blended rate7.540%7.769%7.640%
1st payment$3,210.44$3,210.44$3,265.26
2nd payment$0.00$260.48$0.00
Taxes / mo$436.67$436.67$436.67
Insurance / mo$166.67$166.67$166.67
MI / mo$221.39$221.39$94.32
HOA / mo$85.00$85.00$85.00
Total monthly$4,120.17$4,380.65$4,047.92
Cash to close$52,523$26,200$52,400