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$781,535$781,535$810,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$28,465$0
Funding fee$0$0$0
Note rate7.760%7.760%7.400%
Blended rate8.310%8.334%7.640%
1st payment$5,747.83$5,747.83$5,608.28
2nd payment$0.00$213.49$0.00
Taxes / mo$581.08$581.08$581.08
Insurance / mo$216.67$216.67$216.67
MI / mo$367.37$367.37$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,912.95$7,126.44$6,568.03
Cash to close$118,465$90,000$90,000