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$441,524$441,524$449,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$33,381$0
Funding fee$0$0$0
Note rate6.960%6.960%7.400%
Blended rate7.510%7.817%7.640%
1st payment$3,025.36$3,025.36$3,115.09
2nd payment$0.00$330.34$0.00
Taxes / mo$460.42$460.42$460.42
Insurance / mo$166.67$166.67$166.67
MI / mo$209.26$209.26$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,861.71$4,192.05$3,832.15
Cash to close$58,376$24,995$49,990