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$214,707$214,707$242,550
Remaining term (yrs)22.122.130.0
Secondary amount$0$27,843$0
Funding fee$0$0$0
Note rate7.630%7.630%7.320%
Blended rate8.180%8.274%7.560%
1st payment$1,673.21$1,673.21$1,666.15
2nd payment$0.00$208.82$0.00
Taxes / mo$205.92$205.92$205.92
Insurance / mo$150.00$150.00$150.00
MI / mo$102.60$102.60$48.51
HOA / mo$93.00$93.00$93.00
Total monthly$2,224.72$2,433.55$2,163.58
Cash to close$54,793$26,950$26,950