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$669,358$669,358$674,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$42,192$0
Funding fee$0$0$0
Note rate6.880%6.880%7.320%
Blended rate7.430%7.694%7.560%
1st payment$4,514.16$4,514.16$4,630.60
2nd payment$0.00$417.52$0.00
Taxes / mo$624.17$624.17$624.17
Insurance / mo$216.67$216.67$216.67
MI / mo$314.79$314.79$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,669.78$6,087.31$5,606.25
Cash to close$79,642$37,450$74,900