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$296,175$296,175$314,999
Remaining term (yrs)26.126.130.0
Secondary amount$0$36,324$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.800%8.245%7.640%
1st payment$2,047.37$2,047.37$2,180.99
2nd payment$0.00$359.46$0.00
Taxes / mo$287.67$287.67$287.67
Insurance / mo$150.00$150.00$150.00
MI / mo$219.08$219.08$63.00
HOA / mo$91.33$91.33$91.33
Total monthly$2,795.45$3,154.91$2,772.99
Cash to close$53,824$17,500$35,000