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$382,268$382,268$386,996
Remaining term (yrs)27.127.130.0
Secondary amount$0$26,227$0
Funding fee$0$0$0
Note rate7.630%7.630%7.320%
Blended rate8.180%8.417%7.560%
1st payment$2,780.55$2,780.55$2,658.39
2nd payment$0.00$259.54$0.00
Taxes / mo$358.33$358.33$358.33
Insurance / mo$150.00$150.00$150.00
MI / mo$179.97$179.97$77.40
HOA / mo$235.00$235.00$235.00
Total monthly$3,703.84$3,963.38$3,479.12
Cash to close$47,727$21,500$43,000