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$488,494$488,494$495,000
Remaining term (yrs)27.127.130.0
Secondary amount$0$34,006$0
Funding fee$0$0$0
Note rate7.620%7.620%7.320%
Blended rate8.170%8.411%7.560%
1st payment$3,549.94$3,549.94$3,400.31
2nd payment$0.00$336.52$0.00
Taxes / mo$394.67$394.67$394.67
Insurance / mo$166.67$166.67$166.67
MI / mo$229.99$229.99$99.00
HOA / mo$85.00$85.00$85.00
Total monthly$4,426.26$4,762.78$4,145.64
Cash to close$61,506$27,500$55,000