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$373,771$373,771$386,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$34,634$0
Funding fee$0$0$0
Note rate7.180%7.180%7.400%
Blended rate7.730%8.082%7.640%
1st payment$2,609.63$2,609.63$2,678.89
2nd payment$0.00$342.73$0.00
Taxes / mo$470.50$470.50$470.50
Insurance / mo$150.00$150.00$150.00
MI / mo$176.56$176.56$77.38
HOA / mo$91.00$91.00$91.00
Total monthly$3,497.70$3,840.42$3,467.77
Cash to close$56,129$21,495$42,990