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$379,614$379,614$386,999
Remaining term (yrs)27.827.830.0
Secondary amount$0$28,885$0
Funding fee$0$0$0
Note rate7.190%7.190%7.240%
Blended rate7.740%8.032%7.480%
1st payment$2,630.02$2,630.02$2,637.39
2nd payment$0.00$285.84$0.00
Taxes / mo$100.58$100.58$100.58
Insurance / mo$150.00$150.00$150.00
MI / mo$177.76$177.76$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,058.37$3,344.21$2,965.37
Cash to close$50,385$21,500$43,000