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$397,388$397,388$404,100
Remaining term (yrs)26.926.930.0
Secondary amount$0$29,162$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.450%7.753%7.640%
1st payment$2,707.44$2,707.44$2,797.91
2nd payment$0.00$288.58$0.00
Taxes / mo$280.25$280.25$280.25
Insurance / mo$150.00$150.00$150.00
MI / mo$188.42$188.42$80.82
HOA / mo$260.00$260.00$260.00
Total monthly$3,586.11$3,874.69$3,568.98
Cash to close$51,612$22,450$44,900