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$178,001$178,001$292,410
Remaining term (yrs)3.53.530.0
Secondary amount$0$114,409$0
Funding fee$0$0$0
Note rate5.920%5.920%7.400%
Blended rate6.470%7.069%7.640%
1st payment$4,510.35$4,510.35$2,024.59
2nd payment$0.00$762.73$0.00
Taxes / mo$221.83$221.83$221.83
Insurance / mo$150.00$150.00$150.00
MI / mo$107.14$107.14$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$4,989.32$5,752.05$2,454.90
Cash to close$146,899$32,490$32,490