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$302,261$302,261$310,410
Remaining term (yrs)26.926.930.0
Secondary amount$0$25,394$0
Funding fee$0$0$0
Note rate6.960%6.960%7.320%
Blended rate7.510%7.848%7.560%
1st payment$2,068.96$2,068.96$2,132.30
2nd payment$0.00$251.29$0.00
Taxes / mo$455.58$455.58$455.58
Insurance / mo$150.00$150.00$150.00
MI / mo$143.11$143.11$62.08
HOA / mo$230.00$230.00$230.00
Total monthly$3,047.65$3,298.94$3,029.97
Cash to close$42,639$17,245$34,490