Dan Frey Home Loans
Call Dan

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$370,185$370,185$494,910
Remaining term (yrs)11.511.530.0
Secondary amount$0$124,725$0
Funding fee$0$0$0
Note rate5.000%5.000%7.400%
Blended rate5.550%6.167%7.640%
1st payment$3,495.31$3,495.31$3,426.66
2nd payment$0.00$831.50$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$166.67$166.67$166.67
MI / mo$202.58$202.58$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,135.39$4,966.89$3,963.14
Cash to close$179,715$54,990$54,990