Dan Frey Home Loans
Call Dan

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$380,423$380,423$384,300
Remaining term (yrs)27.127.130.0
Secondary amount$0$25,227$0
Funding fee$0$0$0
Note rate7.620%7.620%7.400%
Blended rate8.170%8.400%7.640%
1st payment$2,764.58$2,764.58$2,660.82
2nd payment$0.00$249.64$0.00
Taxes / mo$101.56$101.56$101.56
Insurance / mo$150.00$150.00$150.00
MI / mo$179.11$179.11$76.86
HOA / mo$33.25$33.25$33.25
Total monthly$3,228.49$3,478.13$3,022.48
Cash to close$46,577$21,350$42,700