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$323,917$323,917$332,730
Remaining term (yrs)27.027.030.0
Secondary amount$0$27,298$0
Funding fee$0$0$0
Note rate7.180%7.180%7.320%
Blended rate7.730%8.052%7.560%
1st payment$2,261.56$2,261.56$2,285.62
2nd payment$0.00$270.14$0.00
Taxes / mo$426.83$426.83$426.83
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$66.55
HOA / mo$0.00$0.00$0.00
Total monthly$2,991.40$3,261.54$2,929.00
Cash to close$45,783$18,485$36,970