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$193,973$184,500
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$970$0
Note rate7.500%7.320%
Blended rate7.500%7.560%
1st payment$1,392.78$1,267.39
2nd payment$0.00$0.00
Taxes / mo$170.83$170.83
Insurance / mo$150.00$150.00
MI / mo$0.00$36.90
HOA / mo$0.00$0.00
Total monthly$1,713.61$1,625.12
Cash to close$11,027$20,500