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$466,012$466,012$467,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$27,893$0
Funding fee$0$0$0
Note rate7.180%7.180%7.320%
Blended rate7.730%7.964%7.560%
1st payment$3,253.65$3,253.65$3,214.22
2nd payment$0.00$276.02$0.00
Taxes / mo$699.33$699.33$699.33
Insurance / mo$166.67$166.67$166.67
MI / mo$220.13$220.13$93.58
HOA / mo$137.00$137.00$137.00
Total monthly$4,476.78$4,752.81$4,310.80
Cash to close$53,888$25,995$51,990