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$436,052$436,052$449,955
Remaining term (yrs)27.527.530.0
Secondary amount$0$38,901$0
Funding fee$0$0$0
Note rate7.220%7.220%7.320%
Blended rate7.770%8.106%7.560%
1st payment$3,038.25$3,038.25$3,090.88
2nd payment$0.00$384.95$0.00
Taxes / mo$951.75$951.75$951.75
Insurance / mo$166.67$166.67$166.67
MI / mo$204.74$204.74$89.99
HOA / mo$0.00$0.00$0.00
Total monthly$4,361.41$4,746.36$4,299.29
Cash to close$63,898$24,998$49,995