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$476,821$476,821$485,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$35,229$0
Funding fee$0$0$0
Note rate7.180%7.180%7.400%
Blended rate7.730%8.015%7.640%
1st payment$3,325.82$3,325.82$3,358.73
2nd payment$0.00$348.62$0.00
Taxes / mo$449.17$449.17$449.17
Insurance / mo$166.67$166.67$166.67
MI / mo$225.02$225.02$97.02
HOA / mo$0.00$0.00$0.00
Total monthly$4,166.67$4,515.28$4,071.59
Cash to close$62,179$26,950$53,900