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$558,682$558,682$566,091
Remaining term (yrs)26.326.330.0
Secondary amount$0$38,858$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.340%7.635%7.640%
1st payment$3,688.85$3,688.85$3,919.50
2nd payment$0.00$384.53$0.00
Taxes / mo$524.16$524.16$524.16
Insurance / mo$166.67$166.67$166.67
MI / mo$413.82$413.82$113.22
HOA / mo$118.00$118.00$118.00
Total monthly$4,911.50$5,296.03$4,841.54
Cash to close$70,308$31,450$62,899