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$536,067$536,067$535,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$29,183$0
Funding fee$0$0$0
Note rate7.040%7.040%7.320%
Blended rate7.590%7.811%7.560%
1st payment$3,640.20$3,640.20$3,678.51
2nd payment$0.00$288.79$0.00
Taxes / mo$349.92$349.92$349.92
Insurance / mo$166.67$166.67$166.67
MI / mo$249.77$249.77$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,406.55$4,695.34$4,302.20
Cash to close$58,933$29,750$59,500