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$315,998$315,998$337,950
Remaining term (yrs)26.126.130.0
Secondary amount$0$40,727$0
Funding fee$0$0$0
Note rate7.080%7.080%7.400%
Blended rate7.930%8.380%7.640%
1st payment$2,210.98$2,210.98$2,339.90
2nd payment$0.00$403.03$0.00
Taxes / mo$468.92$468.92$468.92
Insurance / mo$150.00$150.00$150.00
MI / mo$233.51$233.51$67.59
HOA / mo$8.33$8.33$8.33
Total monthly$3,071.74$3,474.77$3,034.73
Cash to close$59,502$18,775$37,550