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$125,671$125,671$558,000
Remaining term (yrs)0.70.730.0
Secondary amount$0$432,329$0
Funding fee$0$0$0
Note rate6.510%6.510%7.400%
Blended rate7.060%7.595%7.640%
1st payment$12,945.15$12,945.15$3,863.48
2nd payment$0.00$2,792.12$0.00
Taxes / mo$516.67$516.67$516.67
Insurance / mo$166.67$166.67$166.67
MI / mo$68.75$68.75$111.60
HOA / mo$480.00$480.00$480.00
Total monthly$14,177.24$16,969.36$5,138.41
Cash to close$494,329$62,000$62,000