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$382,247$382,247$386,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$25,303$0
Funding fee$0$0$0
Note rate7.570%7.570%7.400%
Blended rate8.120%8.353%7.640%
1st payment$2,765.05$2,765.05$2,673.28
2nd payment$0.00$250.39$0.00
Taxes / mo$413.58$413.58$413.58
Insurance / mo$150.00$150.00$150.00
MI / mo$180.01$180.01$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,508.65$3,759.04$3,314.08
Cash to close$46,753$21,450$42,900