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$182,579$182,579$197,910
Remaining term (yrs)27.127.130.0
Secondary amount$0$26,326$0
Funding fee$0$0$0
Note rate7.630%7.630%7.320%
Blended rate8.180%8.646%7.560%
1st payment$1,328.04$1,328.04$1,359.50
2nd payment$0.00$260.52$0.00
Taxes / mo$440.33$440.33$440.33
Insurance / mo$150.00$150.00$150.00
MI / mo$85.96$85.96$39.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,004.33$2,264.85$1,989.42
Cash to close$37,321$10,995$21,990