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$1,190,662$1,190,662$2,205,000
Remaining term (yrs)0.40.430.0
Secondary amount$0$1,014,338$0
Funding fee$0$0$0
Note rate6.010%6.010%7.400%
Blended rate6.560%7.107%7.640%
1st payment$173,519.19$173,519.19$15,266.97
2nd payment$0.00$6,550.93$0.00
Taxes / mo$177.25$177.25$177.25
Insurance / mo$216.67$216.67$216.67
MI / mo$924.00$924.00$441.00
HOA / mo$0.00$0.00$0.00
Total monthly$174,837.11$181,388.04$16,101.89
Cash to close$1,259,338$245,000$245,000