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$191,659$191,659$512,910
Remaining term (yrs)0.20.230.0
Secondary amount$0$321,251$0
Funding fee$0$0$0
Note rate6.230%6.230%7.320%
Blended rate6.780%7.388%7.560%
1st payment$48,538.38$48,538.38$3,523.34
2nd payment$0.00$2,074.74$0.00
Taxes / mo$400.08$400.08$400.08
Insurance / mo$166.67$166.67$166.67
MI / mo$258.17$258.17$102.58
HOA / mo$0.00$0.00$0.00
Total monthly$49,363.29$51,438.04$4,192.67
Cash to close$378,241$56,990$56,990