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$191,148$191,148$278,100
Remaining term (yrs)9.09.030.0
Secondary amount$0$86,952$0
Funding fee$0$0$0
Note rate5.690%5.690%7.400%
Blended rate6.540%7.309%7.640%
1st payment$2,234.13$2,234.13$1,925.51
2nd payment$0.00$652.14$0.00
Taxes / mo$414.00$414.00$414.00
Insurance / mo$150.00$150.00$150.00
MI / mo$272.96$272.96$55.62
HOA / mo$23.33$23.33$23.33
Total monthly$3,094.42$3,746.56$2,568.46
Cash to close$117,852$30,900$30,900