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$484,031$484,031$499,500
Remaining term (yrs)26.126.130.0
Secondary amount$0$43,219$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.750%8.088%7.640%
1st payment$3,330.36$3,330.36$3,458.44
2nd payment$0.00$427.69$0.00
Taxes / mo$462.50$462.50$462.50
Insurance / mo$166.67$166.67$166.67
MI / mo$358.18$358.18$99.90
HOA / mo$0.00$0.00$0.00
Total monthly$4,317.71$4,745.39$4,187.50
Cash to close$70,969$27,750$55,500