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$441,338$441,338$809,100
Remaining term (yrs)0.50.530.0
Secondary amount$0$367,762$0
Funding fee$0$0$0
Note rate6.460%6.460%7.400%
Blended rate7.010%7.346%7.640%
1st payment$56,512.09$56,512.09$5,602.04
2nd payment$0.00$2,375.13$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$300.21$300.21$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$57,778.14$60,153.26$6,729.70
Cash to close$457,662$89,900$89,900