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$494,838$494,838$517,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$51,412$0
Funding fee$0$0$0
Note rate6.690%6.690%7.320%
Blended rate7.240%7.676%7.560%
1st payment$3,495.76$3,495.76$3,554.87
2nd payment$0.00$508.77$0.00
Taxes / mo$268.75$268.75$268.75
Insurance / mo$166.67$166.67$166.67
MI / mo$233.18$233.18$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,164.35$4,673.12$4,093.78
Cash to close$80,162$28,750$57,500