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$182,967$182,967$297,900
Remaining term (yrs)8.98.930.0
Secondary amount$0$114,933$0
Funding fee$0$0$0
Note rate5.260%5.260%7.320%
Blended rate6.110%6.839%7.560%
1st payment$2,130.30$2,130.30$2,046.37
2nd payment$0.00$766.22$0.00
Taxes / mo$207.92$207.92$207.92
Insurance / mo$150.00$150.00$150.00
MI / mo$272.96$272.96$59.58
HOA / mo$216.67$216.67$216.67
Total monthly$2,977.85$3,744.07$2,680.53
Cash to close$148,033$33,100$33,100