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$513,151$513,151$521,550
Remaining term (yrs)27.727.730.0
Secondary amount$0$37,374$0
Funding fee$0$0$0
Note rate7.220%7.220%7.400%
Blended rate7.770%8.049%7.640%
1st payment$3,568.72$3,568.72$3,611.11
2nd payment$0.00$369.85$0.00
Taxes / mo$482.92$482.92$482.92
Insurance / mo$166.67$166.67$166.67
MI / mo$240.49$240.49$104.31
HOA / mo$208.00$208.00$208.00
Total monthly$4,666.79$5,036.64$4,573.00
Cash to close$66,349$28,975$57,950