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$363,318$363,318$389,250
Remaining term (yrs)27.127.130.0
Secondary amount$0$25,932$0
Funding fee$0$0$0
Note rate7.790%7.790%7.320%
Blended rate8.340%8.384%7.560%
1st payment$2,681.75$2,681.75$2,673.88
2nd payment$0.00$194.49$0.00
Taxes / mo$432.00$432.00$432.00
Insurance / mo$150.00$150.00$150.00
MI / mo$170.91$170.91$77.85
HOA / mo$75.00$75.00$75.00
Total monthly$3,509.66$3,704.15$3,408.73
Cash to close$69,182$43,250$43,250