Dan Frey Home Loans
Call Dan

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$405,409$405,409$422,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$40,996$0
Funding fee$0$0$0
Note rate7.310%7.310%7.320%
Blended rate7.860%8.229%7.560%
1st payment$2,865.28$2,865.28$2,905.10
2nd payment$0.00$405.69$0.00
Taxes / mo$469.00$469.00$469.00
Insurance / mo$166.67$166.67$166.67
MI / mo$191.37$191.37$84.58
HOA / mo$228.00$228.00$228.00
Total monthly$3,920.31$4,326.00$3,853.35
Cash to close$64,491$23,495$46,990