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$568,678$568,678$1,259,100
Remaining term (yrs)2.12.130.0
Secondary amount$0$690,422$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%7.434%7.560%
1st payment$22,696.73$22,696.73$8,649.14
2nd payment$0.00$4,458.98$0.00
Taxes / mo$1,108.50$1,108.50$1,108.50
Insurance / mo$216.67$216.67$216.67
MI / mo$531.67$531.67$251.82
HOA / mo$0.00$0.00$0.00
Total monthly$24,553.57$29,012.54$10,226.13
Cash to close$830,322$139,900$139,900