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$507,178$507,178$530,910
Remaining term (yrs)27.127.130.0
Secondary amount$0$53,227$0
Funding fee$0$0$0
Note rate7.630%7.630%7.400%
Blended rate8.180%8.531%7.640%
1st payment$3,689.11$3,689.11$3,675.91
2nd payment$0.00$526.73$0.00
Taxes / mo$455.67$455.67$455.67
Insurance / mo$166.67$166.67$166.67
MI / mo$238.77$238.77$106.18
HOA / mo$18.00$18.00$18.00
Total monthly$4,568.22$5,094.95$4,422.43
Cash to close$82,722$29,495$58,990