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$526,332$526,332$566,910
Remaining term (yrs)27.127.130.0
Secondary amount$0$40,578$0
Funding fee$0$0$0
Note rate7.790%7.790%7.400%
Blended rate8.340%8.387%7.640%
1st payment$3,885.00$3,885.00$3,925.17
2nd payment$0.00$304.34$0.00
Taxes / mo$202.42$202.42$202.42
Insurance / mo$166.67$166.67$166.67
MI / mo$247.59$247.59$113.38
HOA / mo$0.00$0.00$0.00
Total monthly$4,501.68$4,806.01$4,407.64
Cash to close$103,568$62,990$62,990