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$562,777$562,777$562,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$30,973$0
Funding fee$0$0$0
Note rate6.860%6.860%7.400%
Blended rate7.410%7.643%7.640%
1st payment$3,776.66$3,776.66$3,894.64
2nd payment$0.00$306.51$0.00
Taxes / mo$520.83$520.83$520.83
Insurance / mo$166.67$166.67$166.67
MI / mo$263.90$263.90$112.50
HOA / mo$440.00$440.00$440.00
Total monthly$5,168.06$5,474.57$5,134.64
Cash to close$62,223$31,250$62,500