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$816,870$816,870$800,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,680$0
Funding fee$0$0$0
Note rate6.950%6.950%7.320%
Blended rate7.500%7.643%7.560%
1st payment$5,524.64$5,524.64$5,496.13
2nd payment$0.00$273.92$0.00
Taxes / mo$740.83$740.83$740.83
Insurance / mo$216.67$216.67$216.67
MI / mo$382.53$382.53$160.02
HOA / mo$162.00$162.00$162.00
Total monthly$7,026.67$7,300.59$6,775.65
Cash to close$72,130$44,450$88,900