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$409,273$409,273$413,100
Remaining term (yrs)26.926.930.0
Secondary amount$0$26,777$0
Funding fee$0$0$0
Note rate7.230%7.230%7.320%
Blended rate7.780%8.031%7.560%
1st payment$2,873.82$2,873.82$2,837.71
2nd payment$0.00$264.98$0.00
Taxes / mo$394.52$394.52$394.52
Insurance / mo$166.67$166.67$166.67
MI / mo$193.47$193.47$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,628.48$3,893.46$3,481.52
Cash to close$49,727$22,950$45,900