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$359,312$359,312$364,410
Remaining term (yrs)27.727.730.0
Secondary amount$0$25,343$0
Funding fee$0$0$0
Note rate7.020%7.020%7.320%
Blended rate7.570%7.854%7.560%
1st payment$2,451.36$2,451.36$2,503.24
2nd payment$0.00$250.79$0.00
Taxes / mo$251.67$251.67$251.67
Insurance / mo$150.00$150.00$150.00
MI / mo$168.54$168.54$72.88
HOA / mo$55.00$55.00$55.00
Total monthly$3,076.57$3,327.36$3,032.79
Cash to close$45,588$20,245$40,490