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$597,696$597,696$598,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$34,054$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.575%7.640%
1st payment$3,991.91$3,991.91$4,143.89
2nd payment$0.00$336.99$0.00
Taxes / mo$364.42$364.42$364.42
Insurance / mo$166.67$166.67$166.67
MI / mo$281.22$281.22$119.70
HOA / mo$0.00$0.00$0.00
Total monthly$4,804.22$5,141.21$4,794.68
Cash to close$67,304$33,250$66,500