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$558,548$414,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$2,793$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,595.26$2,866.45
2nd payment$0.00$0.00
Taxes / mo$505.83$505.83
Insurance / mo$166.67$166.67
MI / mo$0.00$82.80
HOA / mo$40.00$40.00
Total monthly$4,307.76$3,661.75
Cash to close$0$46,000