Dan Frey Home Loans
Call Dan

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$882,305$882,305$868,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$34,445$0
Funding fee$0$0$0
Note rate6.820%6.820%7.400%
Blended rate7.370%7.539%7.640%
1st payment$5,915.74$5,915.74$6,013.32
2nd payment$0.00$340.86$0.00
Taxes / mo$804.17$804.17$804.17
Insurance / mo$216.67$216.67$216.67
MI / mo$415.06$415.06$173.70
HOA / mo$0.00$0.00$0.00
Total monthly$7,351.63$7,692.49$7,207.85
Cash to close$82,695$48,250$96,500