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$445,161$445,161$458,100
Remaining term (yrs)27.027.030.0
Secondary amount$0$38,389$0
Funding fee$0$0$0
Note rate6.960%6.960%7.320%
Blended rate7.510%7.857%7.560%
1st payment$3,043.94$3,043.94$3,146.83
2nd payment$0.00$379.89$0.00
Taxes / mo$424.17$424.17$424.17
Insurance / mo$166.67$166.67$166.67
MI / mo$210.55$210.55$91.62
HOA / mo$299.00$299.00$299.00
Total monthly$4,144.32$4,524.21$4,128.28
Cash to close$63,839$25,450$50,900