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$325,177$325,177$332,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$26,228$0
Funding fee$0$0$0
Note rate6.990%6.990%7.320%
Blended rate7.540%7.864%7.560%
1st payment$2,212.07$2,212.07$2,286.86
2nd payment$0.00$259.54$0.00
Taxes / mo$300.25$300.25$300.25
Insurance / mo$150.00$150.00$150.00
MI / mo$152.55$152.55$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,814.87$3,074.41$2,803.69
Cash to close$44,723$18,495$36,990