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$318,629$318,629$332,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$32,776$0
Funding fee$0$0$0
Note rate7.070%7.070%7.320%
Blended rate7.620%8.017%7.560%
1st payment$2,203.88$2,203.88$2,286.86
2nd payment$0.00$324.34$0.00
Taxes / mo$176.21$176.21$176.21
Insurance / mo$150.00$150.00$150.00
MI / mo$150.76$150.76$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,680.84$3,005.19$2,679.65
Cash to close$51,271$18,495$36,990