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$437,355$437,355$445,499
Remaining term (yrs)26.826.830.0
Secondary amount$0$32,894$0
Funding fee$0$0$0
Note rate7.090%7.090%7.400%
Blended rate7.640%7.936%7.640%
1st payment$3,037.02$3,037.02$3,084.55
2nd payment$0.00$325.52$0.00
Taxes / mo$585.77$585.77$585.77
Insurance / mo$166.67$166.67$166.67
MI / mo$207.34$207.34$89.10
HOA / mo$274.00$274.00$274.00
Total monthly$4,270.79$4,596.31$4,200.08
Cash to close$57,644$24,750$49,500