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$501,788$501,788$512,910
Remaining term (yrs)24.024.030.0
Secondary amount$0$39,617$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.403%7.640%
1st payment$3,435.12$3,435.12$3,551.29
2nd payment$0.00$392.04$0.00
Taxes / mo$197.92$197.92$197.92
Insurance / mo$166.67$166.67$166.67
MI / mo$233.18$233.18$102.58
HOA / mo$232.00$232.00$232.00
Total monthly$4,264.88$4,656.92$4,250.45
Cash to close$68,112$28,495$56,990