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$431,741$431,741$440,280
Remaining term (yrs)27.727.730.0
Secondary amount$0$32,999$0
Funding fee$0$0$0
Note rate7.020%7.020%7.400%
Blended rate7.570%7.876%7.640%
1st payment$2,945.50$2,945.50$3,048.41
2nd payment$0.00$326.56$0.00
Taxes / mo$128.83$128.83$128.83
Insurance / mo$166.67$166.67$166.67
MI / mo$202.51$202.51$88.06
HOA / mo$32.50$32.50$32.50
Total monthly$3,476.01$3,802.57$3,464.47
Cash to close$57,459$24,460$48,920