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$387,306$360,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,937$0
Note rate6.820%7.320%
Blended rate6.820%7.560%
1st payment$2,604.87$2,472.95
2nd payment$0.00$0.00
Taxes / mo$333.33$333.33
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$86.67$86.67
Total monthly$3,174.87$3,114.95
Cash to close$12,694$40,000