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$550,091$550,091$607,410
Remaining term (yrs)27.127.130.0
Secondary amount$0$57,319$0
Funding fee$0$0$0
Note rate7.790%7.790%7.320%
Blended rate8.340%8.402%7.560%
1st payment$4,060.37$4,060.37$4,172.49
2nd payment$0.00$429.90$0.00
Taxes / mo$157.75$157.75$157.75
Insurance / mo$166.67$166.67$166.67
MI / mo$258.77$258.77$121.48
HOA / mo$0.00$0.00$0.00
Total monthly$4,643.56$5,073.45$4,618.38
Cash to close$124,809$67,490$67,490