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$563,699$563,699$562,499
Remaining term (yrs)26.526.530.0
Secondary amount$0$30,051$0
Funding fee$0$0$0
Note rate6.540%6.540%7.400%
Blended rate7.090%7.617%7.640%
1st payment$3,726.76$3,726.76$3,894.63
2nd payment$0.00$297.37$0.00
Taxes / mo$718.75$718.75$718.75
Insurance / mo$166.67$166.67$166.67
MI / mo$415.91$415.91$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$5,028.09$5,325.46$4,892.55
Cash to close$61,300$31,250$62,500