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$809,518$809,518$800,100
Remaining term (yrs)27.027.030.0
Secondary amount$0$35,032$0
Funding fee$0$0$0
Note rate7.120%7.120%7.400%
Blended rate7.670%7.844%7.640%
1st payment$5,620.07$5,620.07$5,539.73
2nd payment$0.00$346.67$0.00
Taxes / mo$740.83$740.83$740.83
Insurance / mo$216.67$216.67$216.67
MI / mo$382.53$382.53$160.02
HOA / mo$0.00$0.00$0.00
Total monthly$6,960.09$7,306.76$6,657.25
Cash to close$79,482$44,450$88,900