Dan Frey Home Loans
Call Dan

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$549,707$549,707$566,100
Remaining term (yrs)26.826.830.0
Secondary amount$0$47,843$0
Funding fee$0$0$0
Note rate7.230%7.230%7.320%
Blended rate7.780%8.108%7.560%
1st payment$3,867.65$3,867.65$3,888.71
2nd payment$0.00$473.44$0.00
Taxes / mo$524.17$524.17$524.17
Insurance / mo$166.67$166.67$166.67
MI / mo$260.37$260.37$113.22
HOA / mo$264.00$264.00$264.00
Total monthly$5,082.86$5,556.30$4,956.77
Cash to close$79,293$31,450$62,900