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$272,045$272,045$396,000
Remaining term (yrs)0.70.730.0
Secondary amount$0$123,955$0
Funding fee$0$0$0
Note rate6.360%6.360%7.400%
Blended rate6.910%7.251%7.640%
1st payment$28,003.84$28,003.84$2,741.82
2nd payment$0.00$826.36$0.00
Taxes / mo$44.83$44.83$44.83
Insurance / mo$150.00$150.00$150.00
MI / mo$148.84$148.84$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$28,347.51$29,173.88$3,015.86
Cash to close$167,955$44,000$44,000