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$480,831$480,831$489,600
Remaining term (yrs)26.326.330.0
Secondary amount$0$35,969$0
Funding fee$0$0$0
Note rate6.360%6.360%7.400%
Blended rate7.210%7.535%7.640%
1st payment$3,135.28$3,135.28$3,389.89
2nd payment$0.00$355.95$0.00
Taxes / mo$453.33$453.33$453.33
Insurance / mo$166.67$166.67$166.67
MI / mo$356.54$356.54$97.92
HOA / mo$155.00$155.00$155.00
Total monthly$4,266.81$4,622.76$4,262.81
Cash to close$63,169$27,200$54,400