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$438,327$438,327$449,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$36,578$0
Funding fee$0$0$0
Note rate6.540%6.540%7.400%
Blended rate7.090%7.735%7.640%
1st payment$2,897.90$2,897.90$3,115.09
2nd payment$0.00$361.97$0.00
Taxes / mo$280.50$280.50$280.50
Insurance / mo$166.67$166.67$166.67
MI / mo$323.41$323.41$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,668.47$4,030.44$3,652.23
Cash to close$61,573$24,995$49,990