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$433,897$433,897$449,910
Remaining term (yrs)26.126.130.0
Secondary amount$0$41,008$0
Funding fee$0$0$0
Note rate6.900%6.900%7.320%
Blended rate7.750%8.106%7.560%
1st payment$2,985.41$2,985.41$3,090.57
2nd payment$0.00$405.81$0.00
Taxes / mo$457.50$457.50$457.50
Insurance / mo$166.67$166.67$166.67
MI / mo$321.08$321.08$89.98
HOA / mo$230.00$230.00$230.00
Total monthly$4,160.66$4,566.47$4,034.72
Cash to close$66,003$24,995$49,990