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$153,252$153,252$269,100
Remaining term (yrs)9.69.630.0
Secondary amount$0$115,848$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.340%7.624%7.640%
1st payment$1,771.11$1,771.11$1,863.19
2nd payment$0.00$772.32$0.00
Taxes / mo$63.67$63.67$63.67
Insurance / mo$150.00$150.00$150.00
MI / mo$198.69$198.69$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,183.46$2,955.78$2,130.68
Cash to close$145,748$29,900$29,900