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 · VA
Current Market Conventional
New · Conventional
Loan amount$311,812$231,300
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,559$0
Note rate6.870%7.400%
Blended rate6.870%7.640%
1st payment$2,094.54$1,601.47
2nd payment$0.00$0.00
Taxes / mo$92.75$92.75
Insurance / mo$150.00$150.00
MI / mo$0.00$46.26
HOA / mo$300.00$300.00
Total monthly$2,637.29$2,190.48
Cash to close$0$25,700