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$192,833$192,833$224,910
Remaining term (yrs)9.89.830.0
Secondary amount$0$32,077$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.520%7.731%7.560%
1st payment$2,219.35$2,219.35$1,544.98
2nd payment$0.00$240.58$0.00
Taxes / mo$236.25$236.25$236.25
Insurance / mo$150.00$150.00$150.00
MI / mo$244.38$244.38$44.98
HOA / mo$578.00$578.00$578.00
Total monthly$3,427.97$3,668.55$2,554.21
Cash to close$57,067$24,990$24,990