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$604,842$604,842$607,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$36,408$0
Funding fee$0$0$0
Note rate7.170%7.170%7.320%
Blended rate7.720%7.956%7.560%
1st payment$4,186.35$4,186.35$4,173.10
2nd payment$0.00$360.28$0.00
Taxes / mo$562.50$562.50$562.50
Insurance / mo$166.67$166.67$166.67
MI / mo$283.52$283.52$121.50
HOA / mo$0.00$0.00$0.00
Total monthly$5,199.04$5,559.32$5,023.77
Cash to close$70,158$33,750$67,500