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$533,028$533,028$539,100
Remaining term (yrs)27.027.030.0
Secondary amount$0$36,022$0
Funding fee$0$0$0
Note rate7.230%7.230%7.400%
Blended rate7.780%8.039%7.640%
1st payment$3,739.10$3,739.10$3,732.62
2nd payment$0.00$356.46$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$251.72$251.72$107.82
HOA / mo$398.00$398.00$398.00
Total monthly$5,054.65$5,411.11$4,904.27
Cash to close$65,972$29,950$59,900