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$755,875$755,875$765,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$51,625$0
Funding fee$0$0$0
Note rate6.870%6.870%7.320%
Blended rate7.420%7.705%7.560%
1st payment$5,077.45$5,077.45$5,255.02
2nd payment$0.00$510.87$0.00
Taxes / mo$728.50$728.50$728.50
Insurance / mo$216.67$216.67$216.67
MI / mo$354.43$354.43$153.00
HOA / mo$128.00$128.00$128.00
Total monthly$6,505.04$7,015.92$6,481.19
Cash to close$94,125$42,500$85,000