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$991,008$720,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$4,955$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$6,721.96$4,985.13
2nd payment$0.00$0.00
Taxes / mo$1,065.42$1,065.42
Insurance / mo$216.67$216.67
MI / mo$0.00$144.00
HOA / mo$250.00$250.00
Total monthly$8,254.05$6,661.22
Cash to close$0$80,000