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$495,658$495,658$503,910
Remaining term (yrs)27.827.830.0
Secondary amount$0$36,247$0
Funding fee$0$0$0
Note rate6.920%6.920%7.240%
Blended rate7.470%7.770%7.480%
1st payment$3,345.73$3,345.73$3,434.14
2nd payment$0.00$358.69$0.00
Taxes / mo$743.92$743.92$743.92
Insurance / mo$166.67$166.67$166.67
MI / mo$232.36$232.36$100.78
HOA / mo$60.50$60.50$60.50
Total monthly$4,549.18$4,907.87$4,506.00
Cash to close$64,242$27,995$55,990