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$105,927$105,927$323,100
Remaining term (yrs)0.30.330.0
Secondary amount$0$217,173$0
Funding fee$0$0$0
Note rate6.160%6.160%7.320%
Blended rate6.710%7.409%7.560%
1st payment$17,973.11$17,973.11$2,219.47
2nd payment$0.00$1,402.57$0.00
Taxes / mo$202.33$202.33$202.33
Insurance / mo$150.00$150.00$150.00
MI / mo$95.63$95.63$64.62
HOA / mo$279.00$279.00$279.00
Total monthly$18,700.07$20,102.65$2,915.43
Cash to close$253,073$35,900$35,900