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$298,034$298,034$382,410
Remaining term (yrs)9.69.630.0
Secondary amount$0$84,376$0
Funding fee$0$0$0
Note rate6.530%6.530%7.320%
Blended rate7.380%7.737%7.560%
1st payment$3,450.36$3,450.36$2,626.89
2nd payment$0.00$632.82$0.00
Taxes / mo$354.08$354.08$354.08
Insurance / mo$150.00$150.00$150.00
MI / mo$385.46$385.46$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$4,339.91$4,972.73$3,207.46
Cash to close$126,866$42,490$42,490