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$609,918$609,918$602,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$25,632$0
Funding fee$0$0$0
Note rate6.900%6.900%7.240%
Blended rate7.450%7.628%7.480%
1st payment$4,121.27$4,121.27$4,103.30
2nd payment$0.00$253.65$0.00
Taxes / mo$557.50$557.50$557.50
Insurance / mo$166.67$166.67$166.67
MI / mo$286.81$286.81$120.42
HOA / mo$46.00$46.00$46.00
Total monthly$5,178.24$5,431.89$4,993.89
Cash to close$59,082$33,450$66,900