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$330,216$330,216$346,410
Remaining term (yrs)26.226.230.0
Secondary amount$0$35,439$0
Funding fee$0$0$0
Note rate7.080%7.080%7.400%
Blended rate7.930%8.312%7.640%
1st payment$2,307.94$2,307.94$2,398.47
2nd payment$0.00$350.70$0.00
Taxes / mo$396.25$396.25$396.25
Insurance / mo$150.00$150.00$150.00
MI / mo$243.75$243.75$69.28
HOA / mo$115.00$115.00$115.00
Total monthly$3,212.94$3,563.65$3,129.00
Cash to close$54,684$19,245$38,490