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$378,195$378,195$386,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$30,210$0
Funding fee$0$0$0
Note rate7.090%7.090%7.320%
Blended rate7.640%7.953%7.560%
1st payment$2,620.83$2,620.83$2,657.80
2nd payment$0.00$298.95$0.00
Taxes / mo$309.17$309.17$309.17
Insurance / mo$150.00$150.00$150.00
MI / mo$178.92$178.92$77.38
HOA / mo$30.92$30.92$30.92
Total monthly$3,289.84$3,588.79$3,225.27
Cash to close$51,705$21,495$42,990