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$578,658$578,658$584,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$38,747$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.643%7.640%
1st payment$3,908.70$3,908.70$4,049.80
2nd payment$0.00$383.43$0.00
Taxes / mo$525.05$525.05$525.05
Insurance / mo$166.67$166.67$166.67
MI / mo$274.52$274.52$116.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,874.93$5,258.36$4,858.49
Cash to close$71,242$32,495$64,990