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$594,386$594,386$602,910
Remaining term (yrs)27.827.830.0
Secondary amount$0$42,019$0
Funding fee$0$0$0
Note rate6.990%6.990%7.400%
Blended rate7.540%7.826%7.640%
1st payment$4,039.48$4,039.48$4,174.43
2nd payment$0.00$415.81$0.00
Taxes / mo$558.25$558.25$558.25
Insurance / mo$166.67$166.67$166.67
MI / mo$278.56$278.56$120.58
HOA / mo$114.00$114.00$114.00
Total monthly$5,156.96$5,572.77$5,133.93
Cash to close$75,514$33,495$66,990